In today’s Jackson Hole remarks he signaled that a September rate cut is on the table, shifting from “fight inflation at all costs” to “balance inflation with a cooling jobs market.” Given this, markets read it as a green light for at least a quarter-point in September. Crypto has lit up, accordingly. Here is why.

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Let’s cut to the chase - FIAT cash is dead weight, and fiat overall is a melting ice cube.

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