Kann Bitcoin ohne niedrige Zinsen überhaupt noch steigen?
That's an exciting question that Martin asks something important, namely, for many years, interest-free assets like
Bitcoin have benefited from low or low interest rates, to what extent do you see the potential of BTC limited if interest rates are now more normal in the coming years? , a very, very important issue because the money cycle works in the following way, yes, if there is a lot of cheap money and that was for many years, we had a policy of low interest rates in Europe, I think ten years, all the bullish cycle actually from the bank. crash and ransom and with good interest rates it's very easy to get loans yes loans cost next to nothing but that's great everyone has cheap money everyone can invest and do something somehow and people are just more willing to take risks because the consequences are not that difficult, it is so despite the risk now there are risky assets and the problem is above all especially with things like
bitcoin or precious metals or the opposite and something that normally does not generate interest and if it is You find yourself in a wedding phase then the risk of taking a high interest product is much lower than getting into it somehow so in the bull phase you always have this tendency to of course have the best return on assets in their To have a portfolio in bad market phases instead of those that, at least somehow, still generate returns and are sure that everything will change exactly again, but in fact, at a level l of high interest rate, risky assets and not only
Bitcoin will have a hard time, so the bottom sector with interests there still seems very interesting to me, but do not fool us, it is not only in its infancy, but which is also extremely dangerous because the interest rates there are too risky compared to interest rates. which are now relatively risk-free in the market, so there's still a whole scene that has yet to grow extremely and then you can, for example, also see So I think the bigger this sector gets and the safer it gets, the better it will be for cryptocurrencies in the end, but even a very small crucial point, much more decisive is the fact that people are willing to take risks, less visible. values are invested That is why less is invested in growth stocks and therefore also in networks such as cryptographic networks, which are not necessarily needed at the moment, but in the future already in a digital future and digitization will continue and as soon as these interest rates start to change slightly again and cheap money will return.
I can already sign and seal it now, it will be better again for such assets and I think it's basically better anyway. I have to say it very clearly if interest rates don't go up. back to zero percent, but stay high enough and that you can also invest risk-free in terms of interest and in the On the other hand, you also see natural growth in risk values and natural growth in the next stage of digitization a through crypto technology through blockchain and then also for crypto assets and a 13-resistant money, for example, like