Strike founder: Bitcoin's current price reflects the true state of the global liquidity crisis.

PANews reported on June 12th, citing The Block, that Jack Mallers, founder of Strike and CEO of Twenty One Capital, stated that Bitcoin's current price reflects the true state of the global liquidity crisis. He pointed out that the University of Michigan Consumer Sentiment Index is at a historic low, while the S&P 500 is at a historic high, indicating that central bank intervention has distorted the value of the stock market as a signal. Mallers stated, "Bitcoin is the closest we've ever come to the truth about money."

Mallers argues that with countries simultaneously financing wars, AI development, and deficit spending, and individuals defaulting on credit cards and rent, the world is in a cash-raising frenzy, selling off the most liquid assets. "You're selling what you can sell, not what you want to sell." Regarding Strategy's sale of 32 BTC, Mallers suggests it was to force the market to accept the reality that its "never sell" stance is no longer viable. He questions whether Strategy's perpetual priority instruments create a permanent liquidity obligation, forcing it to choose among different stakeholders every time liquidity is needed.

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Author: PA一线

This content is for market information only and is not investment advice.

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