The Bull Case for Bitcoin Is Hiding in the $1 Trillion Wreckage
Original Report
Bitcoin has been cut almost in half since its October high. By almost every measure, the selloff is the worst since the collapse of FTX. But there is a puzzle at the center of the wreckage: the...
Bitcoin has been cut almost in half since its October high. By almost every measure, the selloff is the worst since the collapse of FTX. But there is a puzzle at the center of the wreckage: the institutional scaffolding that was built around the coin during the boom hasn’t come down with it.
Glass House Analysis
This story reflects the interconnected nature of modern economic systems, where developments in one sector inevitably affect others. Understanding these connections is essential for grasping how policy decisions and market movements translate into real-world outcomes for families, workers, and communities. The economy is not an abstract system of numbers—it's the sum total of decisions about who works, who prospers, and who struggles.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
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