[Coin World] According to reports, Joe Burnett, the strategic director of a certain company, stated that the market is currently at the end of the long-term debt cycle mentioned by Ray Dalio, which means stocks are being bid up to extreme valuations, real estate is being pushed to high valuations, and fixed income products are also at extreme valuation levels. The ultimate result of the long-term debt cycle is the depreciation of fiat, and the only exit is hard currency. Gold has been the hardest currency in the past, while Bitcoin is the hardest currency now, and Bitcoin could potentially destroy all asset classes.
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Bitcoin may become the only exit at the end of the long-term debt cycle.
[Coin World] According to reports, Joe Burnett, the strategic director of a certain company, stated that the market is currently at the end of the long-term debt cycle mentioned by Ray Dalio, which means stocks are being bid up to extreme valuations, real estate is being pushed to high valuations, and fixed income products are also at extreme valuation levels. The ultimate result of the long-term debt cycle is the depreciation of fiat, and the only exit is hard currency. Gold has been the hardest currency in the past, while Bitcoin is the hardest currency now, and Bitcoin could potentially destroy all asset classes.