Welcome to The Bitcoin Layer, where we bring you research, analysis, and education for all things bitcoin and macro. In this episode, Joe breaks down how despite bitcoin being created in the wake of the 2008 recession, it hasn't been a mature asset during a major recession yet. He walks through how risk assets perform well during periods where the Fed pauses rate hikes, how bitcoin will behave when the credit stress becomes too much for the economy to bear and the Fed cuts, and what's in store for bitcoin at the start of the next market cycle.
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