Bitcoin is built for exactly this moment as global money supply explodes to $142 trillion
Despite recent crypto downturns, Bitcoin's long-term thesis remains strong due to exploding global money supply and persistent government overspending.Summary
Even as Bitcoin and Ethereum experience a downturn, macro analysts argue that the long-term thesis for Bitcoin remains intact, anchored by foundational macro trends like continuous government deficits and expanding global liquidity. Macro analyst James Lavish noted that governments will continue overspending, global liquidity will keep expanding, and Bitcoin will ultimately reflect this ongoing inflation.
The global broad money supply reached $142 trillion by September 2025, marking a 446% increase since 2000, with significant growth driven by the US and China. This expansionary fiscal policy, exemplified by US budget deficits and stimulus proposals, solidifies the need for an inflation hedge. Institutional conviction is also rising, as evidenced by Harvard's endowment tripling its Bitcoin ETF holdings to $443 million, making it their top allocation.
Ultimately, Bitcoin's value proposition strengthens as the global money supply surges past $140 trillion, positioning it as a necessary hedge against infinite fiat debasement. As long as governments continue overspending and liquidity expands, Bitcoin's future is anchored to this reality, leading commentators like Scott Melker to advise buying regardless of minor short-term price fluctuations.
(Source：CryptoSlate)