Giancarlo Says Higher Rates and U.S. Debt Strengthen Bitcoin Case
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4 Articles
Former CFTC President Chris Giancarlo, who authorized the first futures contracts on Bitcoin in 2017, estimates that the rise in Fed rates and the surge in US debt reinforce the thesis of digital gold. He also looks back on his click in favour of Bitcoin, on tokenization and regulation of the crypto sector. The Bitcoin article will be the future digital gold for the former CFTC boss, thanks to the Fed rate increases and US debt appeared first on…
Why Rate Hikes Could Benefit Bitcoin
Government spending and currency debasement are making Bitcoin’s case stronger than ever. Chris Giancarlo explains why Bitcoin’s programmed scarcity makes it the digital form of gold and why governments might one day anchor money to a digital commodity. He also explains why Fed rate hikes and rising U.S. debt support Bitcoin’s value proposition. Chapters:0:00 Chris Giancarlo on Bitcoin Futures, Spot ETFs and Corporate Treasuries1:19 Why the CLAR…
Former CFTC Commissioner Giancarlo: Why Rate Hikes Could Benefit Bitcoin
Bitcoin Magazine Former CFTC Commissioner Giancarlo: Why Rate Hikes Could Benefit Bitcoin Government spending and currency debasement are making Bitcoin’s case stronger than ever. Chris Giancarlo explains why Bitcoin’s programmed scarcity makes it the digital form of gold and why governments might...
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