Bitcoin will ‘accelerate’ as world heads into the Fourth Turning — Analyst

BTC will continue to appreciate and gain adoption as the global financial and geopolitical system is reshaped in the coming decades.

As the global financial system approaches its fourth transformative reset, Bitcoin’s price and adoption rate are poised to rise regardless of macroeconomic conditions in the coming years and decades

The Fourth Turning refers to a book written by William Strauss and Neil Howe, which describes the cyclical rise and fall of nations due to predictable generational patterns.

“Bitcoin is a trustless thing. It was set up first to deal with the fact that I don’t trust the banks. Well, now we’re past the banks,” Visser said. He then added:

“I don’t trust my employer. I don’t trust the government. I don’t trust the banks. I don’t trust the currency. I don’t trust the debt. I don’t trust anything, and so, I don’t see how you all of a sudden get the trust back.” 

The comments came amid lowered consumer confidence, geopolitical tensions, and record-high government debt, which is devaluing the average individual’s purchasing power and creating the need for an alternative financial system based on incorruptible hard money. 

As most people find themselves at the bottom of the K-shaped economy, consumer confidence has plummeted.
Wieser stated, “A growing number of people at the bottom of society no longer feel they belong to this system—this is part of the fourth turning.”

The K-shaped economy refers to a financial system where different demographic groups experience varying speeds of economic prosperity and recovery.

Those at the top of the K, holding assets, see their wealth grow steadily, while those at the bottom face downward pressure due to monetary inflation.