Greg Foss has something to say about bitcoin.

BTC is very cheap based on its INTRINSIC value as default insurance on a basket of Fiats. This is one valuation methodology using CDS on Sovereigns. My research

Note: This is not financial advice. You should consult your accountant or your financial advisor for any decisions you make.

https://rockstarinnercircle.com/wp-content/uploads/2021/04/Why-Every-Fixed-Income-Investor-Needs-To-Consider-Bitcoin-As-Portfolio-Insurance.pdf

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