Is Bitcoin Dead (Again)?

Today we saw the largest liquidation event in the history of crypto.

Bitcoin dumped from $122k to $104k within an hour.

The cause?

This post from Trump about tariffs with China:

And immediately I started seeing what can only be described as pathetic lettuce hands on X crying about the dump.

Begging…

No, pleading…

For the cycle not to be over.

Some even asked the infamous question:

Is Bitcoin dead?

If this was you, take a good hard look at yourself.

Here is your one and only reminder.

Bitcoin is not dead.

We are at the stage of the Big Debt Cycle where governments around the world have to decide between two general paths: austerity or financial repression.

In other words, they either cut spending and raise taxes (austerity) to pay off their debt, or they inflate away the debt (financial repression AKA ‘running it hot’).

Now stop and think for a moment.

Do you really think the government is going to stop spending money?

Really?

No.

They’re not.

They are completely addicted to the toxic sludge of fake fiat currency hot off the Central Bank printing press.

And sure, they might also raise taxes in combination with this money printing, but broadly speaking they are not going to cut spending.

Because any government that even attempts this will be swiftly voted out of office and replaced by someone promising more free stuff.

This is the end state of every fiat monetary system:

Once the people can vote themselves more fiat, that’s exactly what they do, and it’s exactly what politicians campaign on.

Generally speaking, I expect volatility to increase the further we get into this final phase of the Big Debt Cycle - geopolitics and the race to AGI will make it unlikely we have a smooth path straight to $1m btc.

But that is to be expected.

Volatility is the price you must pay to achieve outlier returns.

If you’re not willing to pay that price then perhaps consider purchasing incel index funds like the rest of the normies and watch as they don’t keep up with the rate of currency debasement.

We are at a point in time where it is essential to own hard assets, and bitcoin is the hardest asset there is.

So for those looking at the charts today and questioning ‘is this it? Is it all over?’

Yes, it’s over.

Not for bitcoin - that is just beginning.

But it’s over for the fiat monetary system.

This crash is just another blip on the radar.

We are now ready for the Bitcoin bull run to start.