★David Bailey: The Fed’s interest rates remain stable, rising commodity prices act as a tax on consumers, and Bitcoin shows signs of potential growth amidst geopolitical risks | Galaxy Brains

"Persistent geopolitical instability and rising commodity prices, acting as a de facto consumer tax, underscore Bitcoin's emerging role as a non-sovereign, inflation-hedging asset. This narrative strengthens its appeal to institutional capital seeking uncorrelated alpha and risk diversification, particularly as traditional safe havens face yield compression or sovereign risk concerns."