Parker Lewis: Bitcoin Will Settle 100% of Global Payments

▶ Bitcoin Magazine Parker Lewis: Bitcoin Will Settle 100% of Global Payments Parker Lewis says Bitcoin will settle 100% of global payments, and that the credit system pushing people toward it is straining under a $107 trillion debt stack. The Gradually, Then Suddenly author joins Grace Remington and Sean Hagan to explain why the 2023 bank failures convinced him payments are the most necessary piece of Bitcoin, how merchants drive adoption by skipping 3% card fees and chargebacks, and why the dollar price eventually becomes irrelevant. On the macro side, he argues the Fed and Treasury have “lost control” of the long end of the curve, with 7%+ mortgages and corporate refinancing at 9–10% showing the strain first and money printing as the only way out.

First reported by Bitcoin Magazine. This page is a short excerpt; the full text is theirs.