End of the Long-Term Debt Cycle with Dylan LeClair - WBD487

Dylan LeClair is a Bitcoin and macro analyst working for Bitcoin
Magazine. In this interview, we discuss the playing out of the
long term debt cycle, the coming commodity wars, how Bitcoin is a
lifeboat, and transitionary investments.


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We are living through unprecedented times, where the old ways of
order are expected to crumble. And yet, life seems comfortably
familiar. This can lure people into a false sense of confidence
that the political, economic, and monetary norms will continue
undiminished into the future.


The same sense gripped German citizens during the 1920s. ‘When
Money Dies’ documents how “Financially, for nearly four years,
the ultimate cataclysm was always just around the corner. It
always arrived, and there was always an even worse one on its way
— again, and again, and again.” And we’re seeing the beginnings
of such cataclysms affecting the price of living.


Inflation, shortages of goods, energy price spikes, and currency
failures could be mischaracterized as isolated singular events.
But are they in fact, signals of a wider connected pattern of
seismic shocks as the global economy adjusts to the impact of the
long-term debt cycle?


If Bitcoin is a lifeboat, why isn’t it reflected in the price?
Bitcoin is still acting like a risk asset, but for how long?