Jordi Visser

in their 60s and you gave all that money to someone who's younger and you said, what's your asset allocation?

You have 800 trillion in this bucket, you have 2 trillion there.

Well, I want some money in Bitcoin.

You'd have a rotation and this would go higher and that would go down.

Eventually, that's what I believe.

So I've said this before.

I believe the world is deleveraging.

The 800 trillion is heading back towards where it should be, which is

monetary base of the world, nominal GDP of the world.

Both those numbers are about $120 trillion.

Now, the question is, do we go from 800 to 120 trillion overnight?

Well, that was the Great Depression.

That's not allowed.

That's what the governments are going to do everything they can to prevent.

The more likely scenario is that we come down in this manner over the course of 20 to 50 years.

And that's why deflation equals deleverage.

Deleverage equals Bitcoin to go higher as part of the rotation.

So I'm not in any way changing the goalposts.

This has always been my writing.

This has always been my thesis.