Brent Johnson Discusses Dollar Milkshake Theory and Bitcoin's Role in Global Liquidity

Santiago Capital CEO Brent Johnson argues that Bitcoin functions primarily as a play on global liquidity rather than traditional money. He suggests that while Bitcoin and stablecoins will continue to grow, they are unlikely to replace the U.S. dollar system. Johnson explains that global monetary expansion could drive Bitcoin prices higher, offering a macroeconomic perspective on the future of fiat currency and digital assets.