Fiat Winter's Coming, And So Is The Halving

Speculation Alert: But, there is a narrative at play.

The fed's halted rate hikes with fears now of a "worse recession than imagined". Meanwhile, there is insane pressure coming from the major asset management firms - Fidelity, Invesco Galaxy, VanEck, Ark, and the colossus themselves, BlackRock - urging the Fed to stop dicking around and get the ball rolling on the Spot ETF approvals.

The speculation? These firms aren't naive, especially BlackRock. They know that the Bitcoin halving is now officially around the corner.

What's going to happen if we do see a recession (if we're not already in one) and people lose further faith in the US dollar? Gary Gensler is an obvious enemy of crypto, yes. However, whose to say he's not being paid off to orchestrate timed narratives? How can you say no to an asset management firm offering you a substantial payout in order to make it happen? I sure as hell can't say for sure.

If you ask me, these Spot ETF approvals could be either timed to "coincidentally" be approved around or after the halving, or these asset management firms at least know what's coming.