TanukiBTC ⚡2d ago2/6
First mistake people make: treating Bitcoin like a stock.
Stagflation wrecks equities because companies get squeezed — energy costs explode while consumers stop spending.
Bitcoin doesn’t have margins, supply chains, or earnings calls.
It mostly trades on liquidity.
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TanukiBTC ⚡2d ago3/6
“But BTC was falling while global M2 was rising after the Oct 2025 crash.”
True.
That move wasn’t about liquidity though — it was a deleveraging event. ETF outflows + policy fears forced a bunch of leveraged crypto positions to unwind at the same time.
0000 sats