New issue of Bitcoin Intelligence Report published for BI Subscribers This issue is fully focused on a significant shift in macro and liquidity. It explores the U.S.'s pivot toward deficit-driven growth and the massive amounts of liquidity that will be unleashed in the second half. As the “grow our way out” narrative replaces fiscal restraint, inflation and stealth devaluation become the base case. A silent capital war is also being waged on a global scale. We analyze how these developments are structurally bullish for Bitcoin in multiple ways. With the collapse of DOGE cuts and a liquidity wave ahead, Bitcoin stands as the neutral counter-asset in an increasingly politicized financial system. Premium access: https://account.21stcapital.com/blog/the-big-beautiful-devaluation