Part 8/15:
Yakes underscores that this geopolitical dynamic is intertwined with monetary policy choices and the dollar's role in nation-states' economic strategies. The long-term implications include increased volatility in global markets and potential shifts toward a multi-currency or blockchain-based monetary system.
The Role of Bitcoin in Energy and Infrastructure
Beyond monetary properties, Yakes acknowledges Bitcoin's role as an energy innovator. He supports narratives that Bitcoin mining can optimize energy systems—using excess renewable energy, enhancing grid stability, and promoting technological progress. This idea aligns with his broader view that Bitcoin’s utility extends into enabling more efficient and sustainable energy infrastructures.