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OBBBA impact on BTC

Bitcoin Reddit

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Now that this... thing... has passed. What is the impact on our favorite coin?

My intuition is that it is positive. It is yet another blow to the dollar, a terrible one. Debt will skyrocket even faster than before. This will create more demand for a safe haven... not against economic turbulence, but against devaluation. While bitcoin is terrible at the first, it might be unparalleled at the second.

Moreover, mechanically, the dollar moving down will automatically rachet up the price by definition, as the dollar is in the denominator of BTC/USD.

What do you think?

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