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· 73w
The #bitcoin carry trade (aka, “speculative arbitrage”) remains the trade of the decade.
It’s hiding in plain sight from the majority of Wall Street traders and investors.
It’s still always shocking to me that we have easy access to 30y fixed-rate mortgages in the States. A few years ago I did a cash out refi at 2.85% and did my part to attack the USD. Since then we’ve moved, but if rates come down again I may have to repeat.