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 is the title of a book that was written by William Strauss, and Neil Howe. It describes the rise and decline of countries based on predictable patterns between generations.
“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. Then he 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.
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As most people find themselves at the bottom of K-shaped economics, consumer confidence drops.
“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 economics refers to an economy in which various segments of population have different levels of prosperity and recovery.
The top K who own assets experience growing wealth while the bottom K suffers from currency inflation.
Visser has cited a recent University of Michigan study on 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.
The majority also predicts that the unemployment rate will rise in 2026. More than 60% of respondents to a survey by the University of Michigan said they expected higher unemployment.
According to the latest survey, there has been a significant increase in job creation since beginning 2025. At that time, about 30% expected declining employment.
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Source: cointelegraph.com
