Debasement drives everything. Nothing stops it until AI and robots replace population growth. Nasdaq has beaten the debasement rate by roughly 12% a year... a great asset to own, because tomorrow is always more digital than today. Bitcoin has beaten it by 89% a year. That's why crypto is the super massive black hole of asset allocation. It becomes the most powerful asset we've ever had. The greatest performing asset of all time. This is the crux of my Everything Code framework... why debt forces central banks to debase, why markets endlessly go higher, and why only tech and crypto beat it.(Raoul Pal)