Bond yield explosion gives Bitcoin a strong signal – is now finally Satoshi’s time?

4 days ago 3



Bitcoin’s monetary case is growing stronger as governments face more expensive borrowing, and software is becoming a buyer of services. Sovereign financing pressure gives people a reason to consider money issued outside government policy. Agent commerce gives that money another way to circulate.The Bank of England put sovereign-bond stress and the borrowing that finances artificial intelligence in the same warning on September 30. Its financial-stability record describes an extended energy shock pushing government yields higher, while growing AI-related debt leaves more investors exposed to the technology’s fortunes.I see a credible catalyst for hyperbitcoinization in that combination. A transition toward Bitcoin as widely used money would require people and businesses to hold it, spend it and price services in it. If they retain bitcoin for future purchases, more payment utility could reinforce demand for the balance itself.On the same day as the Bank’s warning, Mastercard announced new trust and intelligence services for its Agent Pay program, including a score designed to identify AI-initiated transactions. That score is rolling out for testing in the United States.September’s d...

Read Entire Article