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 debtThis is a devaluation of the purchasing power of the average person and the creation of the need for a financial alternative system that relies on hard currency.
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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 economics refers to an economy in which various segments of population have different levels of prosperity and economic recovery.
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.
The majority also predicts that the unemployment rate will rise in 2026. The University of Michigan surveyed over 60% of its respondents, and they all expect 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
