Great post. Really cool chart on Bitcoin appreciation vs Dollar debasement too. Awesome to see even at the lows of the Bitcoin pullback it still outperformed Dollar debasement by 40%.
I like Coinbase on a transactional basis, but what is the value preposition beyond that? It is great to buy and sell crypto, but not to store crypto holdings as they are not insured by anyone (FDIC, etc.). Maybe tax reporting? But I wouldn’t hold my crypto there, or any exchange.
Great post. Really cool chart on Bitcoin appreciation vs Dollar debasement too. Awesome to see even at the lows of the Bitcoin pullback it still outperformed Dollar debasement by 40%.
I like Coinbase on a transactional basis, but what is the value preposition beyond that? It is great to buy and sell crypto, but not to store crypto holdings as they are not insured by anyone (FDIC, etc.). Maybe tax reporting? But I wouldn’t hold my crypto there, or any exchange.
Hi completely Love your work and i am an avid reader of course!
Could you kindly provide a Link to the FED's website where this indicator below lives, please? As i cannot find it anywhere at all.
- Fed Communication Index (FCI)
Hi Peter,
To clarify the Fed Communication Index is something I calculate myself.
This one is not provided by the Federal Reserve.
I generally give an update for it every time we get:
- The transcripts of the press conference of the FOMC meeting.
- The minutes of the FOMC meeting.
It will be either in the newsletter, or on my social media Notes/X/Instagram/Thread.
I don't have any page dedicated to it but maybe I should create one.
Cheers,
Nick