BitcoinBTCAccording to Jordi Visser, a market analyst, the price of and the adoption rate for () will continue to rise regardless of macroeconomic scenarios in the years to come. The global financial system is heading towards a reset similar to the Fourth Turning.
Visser told Anthony Pompliano that the average person has lost confidence in all legacy institutions, which should drive investment into BTC — a neutral, permissionless, global asset No ties to government or traditional organisations
The Fourth Turning refers to the book by William Strauss & Neil Howe, which describes how nations rise and fall in predictable cycles due to intergenerational patterns.
“Bitcoin is a trustless thing. It was set up first to deal with the fact that I don’t trust the banks. Well, now we’re past the banks,” Visser said. Visser added:
“I don’t trust my employer. I don’t trust the government. I don’t trust the banks. I don’t trust the currency. I don’t trust the debt. I don’t trust anything, and so, I don’t see how you all of a sudden get the trust back.”
Comments were made in the context of lowered consumer trust, geopolitical turmoil, and record-high government debtThe current financial system is corruptible and devalues the buying power of individuals.
Related: ‘Bitcoin Standard’ author: Argentina’s bond ‘Ponzi’ near collapse, Bitcoin is the exit
The consumer confidence plummets as the majority of people remain at the bottom level of an economy shaped like a K
“The growing number of people on the bottom end of the K do not feel like they’re part of the system, and this is part of the Fourth Turning,” Visser said.
K-shaped economies refer to financial systems in which the economic recovery and prosperity of different sections of society are different.
Currency inflation puts downward pressure on those who are at the bottom.
Visser quoted the University of Michigan’s recent consumer sentiment reportInflation and other factors are expected to increase the cost of goods in the future, according to a survey that found only 24% respondents expecting their purchasing habits to be the same by 2026. trade tariffs in the US.
Majority of respondents expect that unemployment will also rise by 2026. More than 60% of respondents to a survey by the University of Michigan said they expected higher unemployment.
This latest survey shows a dramatic increase since 2025 when approximately 30% of respondents predicted a decline in employment numbers.
Magazine: US risks being ‘front run’ on Bitcoin reserve by other nations: Samson Mow
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: cointelegraph.com
