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Bitcoin Magazine· Patrick Green·· 8d ago

Parker Lewis asserts Bitcoin will settle 100% of global payments amid $107 trillion debt strain

Original source: Bitcoin MagazineRead original
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Parker Lewis argues that Bitcoin is the most necessary piece for global payments, a view reinforced by the 2023 bank failures. He contends that the current credit system is straining under a $107 trillion debt stack, evidenced by 7%+ mortgages and 9–10% corporate refinancing. Lewis notes that merchants adopt Bitcoin by avoiding 3% card fees and chargebacks, leading him to believe the dollar price will eventually become irrelevant.

Source: Bitcoin Magazine · bitcoinmagazine.com