Just two days ago, Bitcoin’s whitepaper turned 15 years old. Much has happened since those very first days, however, Bitcoin’s original promise of decentralization and independence still stands strong.

Getting here has been no easy path.

Since inception, Bitcoin has faced numerous battles, and seeing it reach this far is in itself a remarkable achievement.

In that timespan, the world has also changed a lot.

The cracks in the global financial and monetary system are becoming ever more evident, and the need for Bitcoin stands higher than ever.

In fact, one could argue that there’s a perfect storm brewing for Bitcoin, and in this post, I’ll try to highlight just a few of those instrumental drivers I think will lead to what I call the “Bitcoin moment”.

U.S National Debt Continues to Skyrocket

As highlighted in numerous letters already, the rising levels of the U.S. national debt is a major concern, which continues to receive much less attention than it should.

Coincidentally, all of these alarming developments are occurring at a time when the U.S. is involved in two major international conflicts.

Flight to Harder Assets

If the U.S. national debt continues to spiral out of control, it becomes harder and harder for the Fed to do anything to tie down inflation. The best weapon the Fed can use against inflation is to raise rates. If rates move too high, the debt burden will eventually become too great for the state to handle without issuing more currency. If the Fed issues more currency then a debasement of the Dollar is bound to happen.

Caught between the devil and the deep blue sea.

The Fed of course knows this, and this is why it was no surprise when they announced yesterday in their press conference to do absolutely nothing. Even the speech given was very similar to the one given last time, likely to avoid room for rhetoric interpretation.

However, should things at some point get nasty, the only hail mary the Fed can throw is to print more money. This has happened on several previous occasions, most notably during the COVID crisis recovery.

The Bitcoin Moment Bound to Come

Should that happen, there will be a flight to harder assets such as commodities, land, and equities which would all stand to increase in value. To quote Paul Tudor Jones, there’s a big probability that “Bitcoin will be the fastest horse in the race” once the starting gun sounds.

Here’s a quick recap of BTC’s performance as of late:

Another interesting trend to observe is quickly capital is returning to the digital asset markets. Last week, the digital asset investment products market saw an inflow of $326 million, the highest since July 2022.

Industry Shakers

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