Video Description
Coin Bureau CEO Nic Puckrin says the US can't service $40 trillion of debt with 10-year yields above 5%, so the Fed ends up buying it. That's why he thinks Bitcoin is the 1970s gold trade all over again.
Nic co-founded Coin Bureau and built it from a crypto education website into one of the largest crypto channels on YouTube. Before that he worked in quantitative structuring at Goldman Sachs in London. Lately he's one of the sharpest macro voices in crypto, and his read is that the bond market is the real story: foreign buyers are stepping back, the Treasury's buybacks are a rounding error, and the only buyer left is the Fed.
WHAT WE GET INTO
⸠Why the next few years rhyme with the late 1970s, when gold went from $35 to over $800
⸠Who buys US debt when China, Japan and the Gulf step...
đ Why This Matters
This video from VirtualBacon provides insights into the latest cryptocurrency developments. Stay informed about BITCOIN market movements, technical analysis, and breaking news from trusted sources in the crypto community.
đĄ What You Should Know
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