According to Miles Deutscher, financial market principles from the 1900s are largely outdated for today's traders, with the key exceptions being psychology and risk management. Deutscher asserts that the combined forces of monetary debasement, artificial intelligence (AI), robotics, and blockchain technology have fundamentally altered the market environment. He suggests that these modern developments have rendered traditional trading books and historical models ineffective, signaling a need for traders to adopt new frameworks that account for these technological and economic shifts.

According to André Dragosch (@Andre_Dragosch), Bitcoin currently stands out as one of the best hedges against the increased default risks in sovereign bonds and the potential for monetary debasement that follows such risks. Dragosch cites recent macroeconomic developments and rising concerns over global debt levels as driving more investors to view Bitcoin as a safe-haven asset. For traders, this trend underscores Bitcoin's growing role as a defensive allocation in portfolios, especially when traditional bond markets show signs of instability. The relationship between sovereign bond performance and Bitcoin price action is increasingly relevant for crypto traders seeking diversification and risk management strategies (Source: André Dragosch Twitter, May 20, 2025).