BitGo CEO Mike Belshe: Why Dollar Debasement Fuels the K-Shaped Economy
macro
BitGo CEO Mike Belshe argues that persistent dollar debasement widens the gap between asset holders and those reliant on wages, creating a K-shaped economy. As money loses purchasing power, capital flows toward scarce assets, benefiting wealthier participants while eroding real incomes for others. The implication for Bitcoin is that its fixed supply and independence from monetary expansion strengthen its appeal as a hedge against currency debasement and a potential store of value.
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