China has the world's largest money supply — $47 trillion and growing at 8% annually. Every dollar of that expansion is banned from Bitcoin. It's all going into gold. Understanding why that matters more than the next halving is the actual macro trade.
Two regions, two crises, one compressing economic system. The Arctic vortex hitting Mississippi at the same time a bomb cyclone dumps 20 inches on New York isn't two weather stories — it's one systemic economic stress test that investors are pricing wrong.
Every dominant reserve currency in history has eventually lost that status. The US dollar is not exempt from historical forces — and the denial psychology around this is one of the most expensive cognitive biases an investor can carry.