Inflation’s Rising, but That’s Exactly Why You Want Bitcoin
George responds to today’s hot PCE inflation print and shows how the macro environment keeps strengthening the Bitcoin narrative.
1. Inflation Surprise Supports Bitcoin's Purpose
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Core PCE came in hotter than expected
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Wall Street is nervous, but this reinforces Bitcoin as a hedge against reckless fiscal policy
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George says it’s a reminder of why Bitcoin was created in the first place
2. U.S. Debt Spiral Accelerating
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U.S. interest payments now over $1 trillion per year
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Government is issuing debt just to pay existing debt
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Bitcoin offers a way out of this endless fiat cycle
3. Institutions Still Accumulating
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Nearly $100M flowed into BTC ETFs yesterday despite the price dip
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Fidelity led the charge while BlackRock took a breather
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George notes whales and big players are quietly re-entering
4. Hash Ribbon Buy Signal Flashes
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Historically strong buy signal triggered again
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Past occurrences preceded major rallies after a short delay
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Timeline aligns with possible Fed rate cuts in May or June
5. Supply Crunch is Real
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BTC on exchanges is at a 7-year low
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Supply is drying up while demand grows
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“You can’t print more BTC” remains the core narrative
6. Bonus Round: Avalanche ETF, Cardano Stablecoin, SEC Softening
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Grayscale filed to convert its Avalanche trust into an ETF
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Cardano working on launching a native stablecoin
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SEC dropped charges against Crypto.com and Kraken
Final Take:
Hot inflation, surging debt, and suppressed supply make Bitcoin look stronger than ever. George urges viewers to zoom out, stay patient, and realize this is the quiet part of the cycle when real accumulation happens.