O Conselho da Liquidez: quando a macro conduz o destino do Bitcoin
substack.com
O Conselho da Liquidez: quando a macro conduz o destino do Bitcoin
Asking questions like: Does the price of bitcoin vary significantly with time of day? Or: How does the price of bitcoin move in relation to the prices of all the other coins?
Michael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
a sovereign nation—Russia, perhaps, or China—whose monetary system is threatened by bitcoin, or a consortium of multinational banks seeking to protect their monopoly on the payment system.
Paul Vigna , Michael J. Casey • The Age of Cryptocurrency
Global Liquidity takes an international perspective, considering liquidity created by multiple monetary authorities, including central banks outside the US like China's PBoC. It also accounts for private sector credit provision through various channels, such as banks, repo markets, and shadow banks. Importantly, it embraces the concept of the... See more