{"id":493244,"date":"2025-08-10T21:49:17","date_gmt":"2025-08-10T20:49:17","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=493244"},"modified":"2025-09-23T15:46:58","modified_gmt":"2025-09-23T14:46:58","slug":"inside-the-mind-of-lyn-alden-bitcoin-ai-and-the-unstoppable-deficit-train","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/inside-the-mind-of-lyn-alden-bitcoin-ai-and-the-unstoppable-deficit-train\/","title":{"rendered":"Inside the mind of Lyn Alden: Bitcoin, AI, and the unstoppable deficit train"},"content":{"rendered":"

Welcome to\u00a0Slate Sundays<\/a>, CryptoSlate\u2019s new weekly feature showcasing in-depth interviews, expert analysis, and thought-provoking op-eds that go beyond the headlines to explore the ideas and voices shaping the future of crypto.<\/em><\/p>\n

Lyn Alden is an exceptional human.<\/p>\n

Broadly recognized as one of the top minds in macroeconomics, during a conversation with Lyn, you can feel some of her vast intellect rubbing off on you; I swear my IQ increased several points by the time our chat was over.<\/p>\n

Even navigating heavy topics like the fiscal deficit and the onset of AI, she does so with a smile on her face and more eloquence and poise than an Olympic gymnast executing a triple backflip.<\/p>\n

Founder of Lyn Alden Investment Strategy and general partner at venture firm Ego Death Capital, alongside other industry heavyweights like Jeff Booth and Preston Pysh, Lyn has earned her stripes over the years as one of the most respected macro analysts in the space.<\/p>\n

She\u2019s also one of the most solicited for interviews, thanks to her razor-sharp insights and depth of market knowledge.<\/p>\n

As a prolific content creator, Lyn offers a free investing newsletter<\/a> and frequents the virtual corridors of Crypto Twitter daily, amassing three-quarters of a million followers who rely on her timely commentary and finely-edged wit: beyond the undeniable words of wisdom and investment advice, Lyn\u2019s something of a master when it comes to memes.<\/p>\n

Nothing stops this train<\/h2>\n

Lyn is perhaps best known for her book Broken Money, which provides a comprehensive view of the history of money and a well-illustrated critique of the global monetary system. She\u2019s also highly vocal about her thesis<\/a> on the U.S. fiscal deficit, AKA, \u2018Nothing stops this train\u2019.<\/p>\n

Sky-high levels of U.S. spending are rising at a pace that far outstrips the government\u2019s ability to pay for it, creating what Lyn dubs a \u201cslow-motion runaway train.\u201d She explains:<\/p>\n

\u201cLarge U.S. fiscal deficits are going to continue for the foreseeable future, five, 10 years, any sort of investable time horizon. There are a bunch of reasons why, and a lot of them have to do with political polarization. It's very hard to either massively raise taxes or massively cut spending in a very polarized situation, as well as mechanically the kind of debt levels they find themselves in.\u201d<\/p><\/blockquote>\n

The total amount of money the U.S. government owes to its lenders currently amounts to an eye-watering $36.9 trillion<\/a>, representing over 120% of GDP, and growing by around $1 trillion every quarter.<\/p>\n

\"\"
Total U.S. debt<\/figcaption><\/figure>\n

Even the most highly skilled ringmaster with smoke and mirrors would struggle to obfuscate such an alarming level of federal debt. With a diminishing ability to pay it off, I wonder, if nothing stops this train, can anything slow it down? She replies:<\/p>\n

\u201cThere are plenty of things that can slow it down a little bit. Tariffs are one of the things that can slow it down because they bypass some of that polarization. Tariffs are basically really big tax hikes that go around Congress because of an emergency authorization executive order, so they temporarily bypass some of the frictions against them.\u201d<\/p><\/blockquote>\n

While tariffs may serve to fill the government coffers a little higher, Lyn says the numbers don\u2019t add up enough to make a significant impact: the deficit is around $2 trillion, and the income from tariffs at the current level only equates to roughly a quarter of it at around $500 billion a year. Plus, \u201cwe\u2019re already seeing exemptions.\u201d She adds:<\/p>\n

\u201cThe last line for the \u2018Nothing stops this train\u2019 view is that the U.S. is very financialized, meaning that our government's tax receipts are very correlated with asset prices. Any attempts at austerity at this point tend to fail to address the problem because you either slow down the stock market or slow down the economy. Therefore, with a lag, you weaken your other tax receipts and make deficit reduction on a sustained basis hard.\u201d<\/p><\/blockquote>\n

I nod, contemplating the enormity of the situation and the inevitable collision course the economy is on. She continues:<\/p>\n

\u201cJust structurally, it\u2019s growing above target almost without any way to stop it.\u201d<\/p><\/blockquote>\n

The outlook for Bitcoin and broader crypto markets<\/h2>\n

We turn the conversation to last week\u2019s market slump following a weaker-than-expected jobs report that triggered former BitMEX CEO Arthur Hayes to sell off<\/a> a chunk of his crypto holdings. I ask Lyn how significant the jobs report is and whether she echoes Hayes\u2019 bearish near-term views on global liquidity.<\/p>\n

She frowns, pointing out that Hayes is more of a frequent trader than she is, however:<\/p>\n

\u201cThe jobs report was pretty significant. It was the biggest downward revision in quite a while, and it's corroborated by other things as well. The ISM Purchasing Managers' indices are also showing a similar directional weakness.\u201d<\/p><\/blockquote>\n

The ISM Manufacturing PMI is a key indicator<\/a> of the state of the U.S. economy as it signals the level of demand for products by measuring the amount of ordering activity at U.S. factories. Lyn continues:<\/p>\n

\u201cNow, whether that affects Bitcoin and broader crypto, I'm more hesitant to say. While it can slow down earnings that can impair the economy in various ways, it also generally means more Fed dovishness, which, around the margins, is good for Bitcoin and crypto.\u201d<\/p><\/blockquote>\n

Despite not making short-term trading decisions like Hayes, Lyn gives some credence to his outlook over the coming quarters based on a couple of parameters:<\/p>\n

Tariffs may make a dent in the deficit and serve to take the wind out of crypto\u2019s sails (\u201cslightly slower the train for a couple of quarters\u201d), and the treasury is attempting to refill its general cash account (the TGA<\/a>) after the debt ceiling was passed. That means sucking liquidity out of the system, which can negatively impact risk assets. Lyn explains:<\/p>\n

\u201cIronically, debt ceilings, when they\u2019re an issue, are actually good for liquidity because they force all these pockets of liquidity to go back into the market, but then afterward, when they refill their cash levels, they\u2019re pulling cash out of the system.<\/p>\n

They [the treasury] expect to do that through the rest of this quarter, to Arthur's point, which is historically not amazing for asset prices across the board.\u201d<\/p><\/blockquote>\n

In contrast, Lyn isn\u2019t too worried about a broader tightening of global liquidity. She says:<\/p>\n

\u201cI would say liquidity\u2019s in a middling place because the dollar is no longer falling as it was earlier this year, and the dollar is a really big variable for liquidity, generally. A falling dollar is overall good for global liquidity. At the other end of the spectrum, China's credit impulse is on the upswing, which is good for global liquidity. So it's kind of neutral at the current time.\u201d<\/p><\/blockquote>\n

Bitcoin cycles will be longer and less extreme<\/h2>\n

While it\u2019s not the perfect setup for a million-dollar Bitcoin, things could definitely be worse. Lyn affirms:<\/p>\n

\u201cI don't think this cycle's over yet. I think we're going to see higher highs in Bitcoin this cycle. That could be later this year. That could be early next year. There are lots of little variables that can affect that, but so far, we don't see any indicators that look like a multi-year top.\u201d<\/p><\/blockquote>\n

In fact, she explains that we\u2019re \u201cnowhere near multi-year tops\u201d based on various indicators that track market value compared to on-chain cost basis, a \u201ckind of a measure of euphoria.\u201d<\/p>\n

\u201cI think liquidity still looks decent, maybe not great for a quarter, but it's not an acute headwind per se, in my opinion, and going into next year, I still think we're going to see most likely higher Bitcoin prices.\u201d<\/p><\/blockquote>\n

How high is that?<\/p>\n

Lyn pauses and says she has no firm view. Unlike other personalities in the space, she doesn\u2019t win over more followers by making outlandish predictions. Instead, she simply says:<\/p>\n

\u201cI think we're going over $150k this cycle. Now the number could be much higher than that, but I always try to start conservatively, and it depends on market conditions at that time.\u201d<\/p><\/blockquote>\n

She believes that Bitcoin cycles are changing, and we should expect this one to be longer and \u201cmaybe less extreme\u201d than previous runs. We should also prepare to see strong moves upward followed by periods of consolidation, \u201crather than going to the moon and collapsing.\u201d<\/p>\n

\u201cIf you look at what used to be called FANG stocks, and now it's the Mag7 stocks, basically large-cap U.S. tech stocks, they kept grinding up longer than people thought. Value investors were always shocked that these things just kept growing.<\/p><\/blockquote>\n

\"Magnificent
Magnificent Seven stocks' upward grind<\/figcaption><\/figure>\n

\u201cSometimes they get over their skis and have a 30% correction, sometimes worse. Sometimes they have a flattish, choppy year, but then they keep grinding higher after they work out some steam. I think Bitcoin could resemble that model to some extent. Maybe it\u2019s still more volatile than that, but I do think we should expect maybe longer and less extreme cycles on average.\u201d<\/p><\/blockquote>\n

Bitcoin treasury companies: bear market catalyst?<\/h2>\n

For anyone who\u2019s been flushed out by a Mt. Gox, China ban, or FTX-style<\/a> black swan event that abruptly reversed most of Bitcoin\u2019s gains, Lyn\u2019s prediction may provide some relief. But is there any potential catalyst for the end of the cycle quietly chirping away like a canary in a coal mine? Bitcoin treasury companies, for example?<\/p>\n

Lyn points out that now that Bitcoin is a multitrillion-dollar asset, it\u2019s inevitable that smart money flows in. She says:<\/p>\n

\u201cThere\u2019s no world in which only individuals own Bitcoin and magically no large pools of capital want to own it. That only makes sense when Bitcoin is a tiny market.\u201d<\/p><\/blockquote>\n

She\u2019s not concerned about the centralization threat to Bitcoin posed by entities like Strategy gobbling up BTC like it\u2019s going out of style (Strategy\u2019s BTC holdings currently stand at over 628,791<\/a>, just shy of 3% of the entire supply). She simply shrugs and says it\u2019s no different from previous cycles:<\/p>\n

\u201cAt one point, Mt. Gox supposedly had over 800,000 coins, and there were fewer coins back then. So that was a bigger percentage of coins than, say, BlackRock or Strategy has now. So while there's always some degree of centralization concerns, it's really not worse now than it was at periods of times in the past. So, no. I'm not really worried about that from a centralization perspective.\u201d<\/p><\/blockquote>\n

What is important to be on the lookout for, Lyn explains, is the amount of leverage in the system, since \u201cany degree of euphoria and leverage is what causes the next downward cycle.\u201d Bitcoin needs upward volatility to go from zero to trillions of dollars of value and become relevant on a global scale; and upward volatility, Lyn warns, breeds euphoria and leverage.<\/p>\n

\u201cThat's when you get over your skis and you get consolidations and downside volatility. There are obviously other liquidations that happen from time to time, so they certainly could feed the next downturn, but I don't view it as fundamentally different from prior cycles, and the current leverage in the treasury space is not that high.<\/p>\n

MicroStrategy has pretty low leverage relative to their Bitcoin. Metaplanet has relatively low leverage relative to their Bitcoin. We'll see how the others come as they go. I certainly think that we'll see a washout. We'll see a lot of altcoin treasury companies get washed out, and some Bitcoin ones that are poorly managed are going to be at risk in the next downturn.\u201d<\/p><\/blockquote>\n

The roaring 20s and the decade-long inflation<\/h2>\n

It was sometime during the COVID lockdowns<\/a> that Lyn began discussing the persistent inflation that would stem from shuttering the world and inflating the money supply. She would later characterize the 2020s as the decade of inflation, as governments struggle to rein in rising costs. Does Lyn expect this trend to continue?<\/p>\n

\u201cTo some extent, I mean, we're in 2025. We're still above the way the Fed measures inflation. We're still above their official target even though it has come down. Now, whether or not we have another dramatic spike comes partially down to whether energy is constrained or not. It\u2019s pretty hard to have major inflation without energy suppression, so anything that keeps the supply of energy high is a way of keeping inflation down.\u201d<\/p><\/blockquote>\n

Unlike previous decades, she says, where we were able to print money and offset it with productivity gains from automating manufacturing, she sees the 2020s as \u201cstickier\u201d in terms of average inflation; unless we realize a major productivity increase through a technology such as AI, although even that won\u2019t bring down the cost of store-of-value assets. She says:<\/p>\n

\u201cThe things that are truly scarce, like waterfront property, gold, fine art, high-quality stocks, and things like that, all go up dramatically because it's hard to increase those things. So I think going forward, AI making, say, white collar types of services cheaper can suppress in some way CPI and certain wages and expenditures that people have.<\/p>\n

This could be offset by ongoing money printing, higher gold, higher Bitcoin, higher prestige properties, and just truly scarce things. So I do think that we're still in a sticky inflation environment, even though it's hard to get dramatic inflation without energy shortages.\u201d<\/p><\/blockquote>\n

AI and the economics of white-collar work<\/h2>\n

Since she\u2019s brought up AI for its productivity gains, I ask if she\u2019s concerned about job losses and whether she believes it\u2019s a net positive for humanity, being something of an AI skeptic myself<\/a>. Lyn\u2019s markedly more optimistic. Just like the runaway fiscal deficit train, she says AI is inevitable.<\/p>\n

\u201cAt this stage, if you try to ban it in one country, another will do it, and it will be open-sourced in some capacity. Like any technology, it can be disruptive when it hits; a lot of people can lose their jobs at once.\u201d<\/p><\/blockquote>\n

She likens AI to social media in the way the latter disrupted social interaction, and warns that it must be used carefully to avoid doing more harm than good. I recall reading an MIT study<\/a>, to her point, that found AI to be a great learning tool; as long as people didn\u2019t become so dependent on it that their intelligence drained away like blood from an open wound.<\/p>\n

Lyn continues:<\/p>\n

\u201cIt's a good thing that we find ways to make repetitive white-collar work cheaper and more affordable because that allows those people or future generations to do other types of work, which is true for any time we automated textiles or farming with tractors and hydrocarbons and things like that. It\u2019s the same thing except it\u2019s quicker.\u201d<\/p><\/blockquote>\n

She points out that portable AI is different from data center AI and marvels at the mechanics of the human brain: our ability to process complex thoughts and emotions, \u201cvery high bandwidth senses,\u201d and \u201cself-healing\u201d capability run on just 20 watts of power. She enthuses:<\/p>\n

\u201cIt\u2019s remarkable. It\u2019s less than an incandescent light bulb. The equivalent amount of processing in a data center runs on megawatts of power, so millions of watts of power\u2026<\/p>\n

I don't think we're anywhere near the level where there's nothing humans could do to add value over silicon. I think it's more a case of disruption that then puts more people into doing other things.\u201d<\/p><\/blockquote>\n

I nod, wondering whether my metaphorical lightbulb requires as much energy as Lyn Alden\u2019s giant brain.<\/p>\n

Inflation, disruption, broken money\u2026 oh my!<\/h2>\n

With persistent inflation, societal disruption, and broken money, to boot, this era bears all the hallmarks of a fourth turning, and I struggle to feel positive about where it all ends. I wonder what Lyn thinks. Is this a good time to be alive? She ponders:<\/p>\n

\u201cI think so. Fewer people die from avoidable things than almost ever before globally. It\u2019s not an accident that the population bubble is happening now\u2026 For the most part, I consider it good, but it goes through waves of getting too much, like when people get cut off from social connections. People have way more depression now than hunter-gatherers, even though in most capacities, we live longer and are less likely to die from something random\u2026<\/p>\n

Technology is polarizing because, in some ways, it becomes like a winner-take-most, and to the extent that we get through this whole thing successfully, I think we have to learn to use technology in a more natural way than be so reliant on it. I think eventually that will be the case.\u201d<\/p><\/blockquote>\n

Lyn also believes that AI won\u2019t continue to develop and improve ad infinitum, but will eventually hit a plateau, just like aviation did: progress within that industry has been fairly stagnant for years, following its mind-blowing takeoff in the 20th Century. She says:<\/p>\n

\u201cWe went from the Wright brothers to people on the moon in one human lifetime. But then, once we hit the 70s, we slowed down. We still don't have a jet faster than the Blackbird. We still don't have commercial aviation faster than the Concorde. We don't even have that anymore\u2026<\/p>\n

I think in time, similar things will happen to electronics where we'll reach certain densities that are hard to keep dramatically improving on, and it will allow us more time to absorb what we already have.\u201d<\/p><\/blockquote>\n

Follow Lyn Alden on X<\/a> or check out lynalden.com for in-depth analysis and insights.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Welcome to\u00a0Slate Sundays, CryptoSlate\u2019s new weekly feature showcasing in-depth interviews, expert analysis, and thought-provoking op-eds that go beyond the headlines to explore the ideas and voices shaping the future of crypto. Lyn Alden is an exceptional human. Broadly recognized as one of the top minds in macroeconomics, during a conversation with Lyn, you can feel […]<\/p>\n","protected":false},"author":230,"featured_media":493293,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[78326,77968,77911,79312,80230],"tags":[80412,80388],"post_folder":[],"acf":[],"yoast_head":"\nInside the mind of Lyn Alden: Bitcoin, AI, and the unstoppable deficit train<\/title>\n<meta name=\"description\" content=\"Macro analyst Lyn Alden shares her views on fiscal deficits, 'sticky' inflation, Bitcoin cycles, and the remarkable 20-watt human brain.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/inside-the-mind-of-lyn-alden-bitcoin-ai-and-the-unstoppable-deficit-train\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inside the mind of Lyn Alden: Bitcoin, AI, and the unstoppable deficit train\" \/>\n<meta property=\"og:description\" content=\"Macro analyst Lyn Alden shares her views on fiscal deficits, 'sticky' inflation, Bitcoin cycles, and the remarkable 20-watt human brain.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/inside-the-mind-of-lyn-alden-bitcoin-ai-and-the-unstoppable-deficit-train\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-10T20:49:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-23T14:46:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/08\/lyn-alden-bitcoin.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Christina Comben\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Christina Comben\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/inside-the-mind-of-lyn-alden-bitcoin-ai-and-the-unstoppable-deficit-train\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/inside-the-mind-of-lyn-alden-bitcoin-ai-and-the-unstoppable-deficit-train\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/christina-comben\/#person\",\"name\":\"Christina Comben\",\"url\":\"https:\/\/cryptoslate.com\/author\/christina-comben\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/christina-comben\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/christina-comben\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2024\/05\/author-christina-comben.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2024\/05\/author-christina-comben.jpg\",\"caption\":\"Christina Comben\"},\"jobTitle\":\"Former Author\",\"description\":\"Christina is a Web3 writer, editor and content manager focused on technology, industry conversations and crypto culture.\",\"worksFor\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"sameAs\":[\"https:\/\/x.com\/christinacomben\",\"https:\/\/www.linkedin.com\/in\/christinacomben\",\"https:\/\/muckrack.com\/christina-comben\"]},\"headline\":\"Inside the mind of Lyn Alden: Bitcoin, AI, and the unstoppable deficit train\",\"datePublished\":\"2025-08-10T20:49:17+00:00\",\"dateModified\":\"2025-09-23T14:46:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/inside-the-mind-of-lyn-alden-bitcoin-ai-and-the-unstoppable-deficit-train\/\"},\"wordCount\":2974,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"keywords\":[\"Bitcoin treasury\",\"Lyn Alden\"],\"articleSection\":[\"AI\",\"Featured\",\"Macro\",\"Market\",\"Slate Sunday\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cryptoslate.com\/inside-the-mind-of-lyn-alden-bitcoin-ai-and-the-unstoppable-deficit-train\/#respond\"]}],\"copyrightYear\":\"2025\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoslate.com\/inside-the-mind-of-lyn-alden-bitcoin-ai-and-the-unstoppable-deficit-train\/\",\"url\":\"https:\/\/cryptoslate.com\/inside-the-mind-of-lyn-alden-bitcoin-ai-and-the-unstoppable-deficit-train\/\",\"name\":\"Inside the mind of Lyn Alden: Bitcoin, AI, and the unstoppable deficit train\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/#website\"},\"datePublished\":\"2025-08-10T20:49:17+00:00\",\"dateModified\":\"2025-09-23T14:46:58+00:00\",\"description\":\"Macro analyst Lyn Alden shares her views on fiscal deficits, 'sticky' inflation, Bitcoin cycles, and the remarkable 20-watt human brain.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoslate.com\/inside-the-mind-of-lyn-alden-bitcoin-ai-and-the-unstoppable-deficit-train\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoslate.com\/inside-the-mind-of-lyn-alden-bitcoin-ai-and-the-unstoppable-deficit-train\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoslate.com\/inside-the-mind-of-lyn-alden-bitcoin-ai-and-the-unstoppable-deficit-train\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptoslate.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Inside the mind of Lyn Alden: Bitcoin, AI, and the unstoppable deficit train\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoslate.com\/#website\",\"url\":\"https:\/\/cryptoslate.com\/\",\"name\":\"CryptoSlate\",\"description\":\"Cryptocurrency News and Real-time Coin Data\",\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"NewsMediaOrganization\",\"@id\":\"https:\/\/cryptoslate.com\/#organization\",\"name\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"CryptoSlate\"},\"image\":{\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/cryptoslate\",\"https:\/\/www.instagram.com\/cryptoslate\",\"https:\/\/www.linkedin.com\/company\/cryptoslate\",\"https:\/\/www.youtube.com\/c\/cryptoslate\",\"https:\/\/cryptoslate.substack.com\",\"https:\/\/t.me\/cryptoslatenews\",\"https:\/\/www.crunchbase.com\/organization\/cryptoslate\",\"https:\/\/iq.wiki\/wiki\/cryptoslate\",\"https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ\",\"https:\/\/muckrack.com\/media-outlet\/cryptoslate\",\"https:\/\/www.tiktok.com\/@cryptoslatenews\"],\"publishingPrinciples\":\"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles\",\"ownershipFundingInfo\":\"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/\",\"correctionsPolicy\":\"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback\",\"ethicsPolicy\":\"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles\",\"foundingDate\":\"2017-08-04\",\"founder\":[{\"@type\":\"Person\",\"name\":\"Nate Whitehill\"},{\"@type\":\"Person\",\"name\":\"Matthew Blancarte\"}],\"contactPoint\":[{\"@type\":\"ContactPoint\",\"contactType\":\"customer support\",\"url\":\"https:\/\/cryptoslate.com\/contact\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"sales\",\"url\":\"https:\/\/cryptoslate.com\/advertising\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"newsroom\",\"url\":\"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback\",\"email\":\"tips@cryptoslate.com\",\"availableLanguage\":\"en-US\"}],\"masthead\":\"https:\/\/cryptoslate.com\/about\/#masthead\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/53027885b2dcc5bd47ab94e7824a6bbd\",\"name\":\"Christina Comben\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2024\/05\/author-christina-comben-150x150.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2024\/05\/author-christina-comben-150x150.jpg\",\"caption\":\"Christina Comben\"},\"description\":\"Christina is a web3 writer, editor, and content manager with a passion for technology and starting important conversations. As an industry OG, she\u2019s not phased by market volatility and frequently scrimps on Starbucks to BTFD.\",\"url\":\"https:\/\/cryptoslate.com\/author\/christina-comben\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Inside the mind of Lyn Alden: Bitcoin, AI, and the unstoppable deficit train","description":"Macro analyst Lyn Alden shares her views on fiscal deficits, 'sticky' inflation, Bitcoin cycles, and the remarkable 20-watt human brain.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptoslate.com\/inside-the-mind-of-lyn-alden-bitcoin-ai-and-the-unstoppable-deficit-train\/","og_locale":"en_US","og_type":"article","og_title":"Inside the mind of Lyn Alden: Bitcoin, AI, and the unstoppable deficit train","og_description":"Macro analyst Lyn Alden shares her views on fiscal deficits, 'sticky' inflation, Bitcoin cycles, and the remarkable 20-watt human brain.","og_url":"https:\/\/cryptoslate.com\/inside-the-mind-of-lyn-alden-bitcoin-ai-and-the-unstoppable-deficit-train\/","og_site_name":"CryptoSlate","article_published_time":"2025-08-10T20:49:17+00:00","article_modified_time":"2025-09-23T14:46:58+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/08\/lyn-alden-bitcoin.jpg","type":"image\/jpeg"}],"author":"Christina Comben","twitter_card":"summary_large_image","twitter_creator":"@cryptoslate","twitter_site":"@cryptoslate","twitter_misc":{"Written by":"Christina Comben","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptoslate.com\/inside-the-mind-of-lyn-alden-bitcoin-ai-and-the-unstoppable-deficit-train\/#article","isPartOf":{"@id":"https:\/\/cryptoslate.com\/inside-the-mind-of-lyn-alden-bitcoin-ai-and-the-unstoppable-deficit-train\/"},"author":{"@type":"Person","@id":"https:\/\/cryptoslate.com\/author\/christina-comben\/#person","name":"Christina Comben","url":"https:\/\/cryptoslate.com\/author\/christina-comben\/","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/author\/christina-comben\/"},"image":{"@type":"ImageObject","@id":"https:\/\/cryptoslate.com\/author\/christina-comben\/#authorimage","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2024\/05\/author-christina-comben.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2024\/05\/author-christina-comben.jpg","caption":"Christina Comben"},"jobTitle":"Former Author","description":"Christina is a Web3 writer, editor and content manager focused on technology, industry conversations and crypto culture.","worksFor":{"@id":"https:\/\/cryptoslate.com\/#organization"},"sameAs":["https:\/\/x.com\/christinacomben","https:\/\/www.linkedin.com\/in\/christinacomben","https:\/\/muckrack.com\/christina-comben"]},"headline":"Inside the mind of Lyn Alden: Bitcoin, AI, and the unstoppable deficit train","datePublished":"2025-08-10T20:49:17+00:00","dateModified":"2025-09-23T14:46:58+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/inside-the-mind-of-lyn-alden-bitcoin-ai-and-the-unstoppable-deficit-train\/"},"wordCount":2974,"commentCount":0,"publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"keywords":["Bitcoin treasury","Lyn Alden"],"articleSection":["AI","Featured","Macro","Market","Slate Sunday"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptoslate.com\/inside-the-mind-of-lyn-alden-bitcoin-ai-and-the-unstoppable-deficit-train\/#respond"]}],"copyrightYear":"2025","copyrightHolder":{"@id":"https:\/\/cryptoslate.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptoslate.com\/inside-the-mind-of-lyn-alden-bitcoin-ai-and-the-unstoppable-deficit-train\/","url":"https:\/\/cryptoslate.com\/inside-the-mind-of-lyn-alden-bitcoin-ai-and-the-unstoppable-deficit-train\/","name":"Inside the mind of Lyn Alden: Bitcoin, AI, and the unstoppable deficit train","isPartOf":{"@id":"https:\/\/cryptoslate.com\/#website"},"datePublished":"2025-08-10T20:49:17+00:00","dateModified":"2025-09-23T14:46:58+00:00","description":"Macro analyst Lyn Alden shares her views on fiscal deficits, 'sticky' inflation, Bitcoin cycles, and the remarkable 20-watt human brain.","breadcrumb":{"@id":"https:\/\/cryptoslate.com\/inside-the-mind-of-lyn-alden-bitcoin-ai-and-the-unstoppable-deficit-train\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoslate.com\/inside-the-mind-of-lyn-alden-bitcoin-ai-and-the-unstoppable-deficit-train\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoslate.com\/inside-the-mind-of-lyn-alden-bitcoin-ai-and-the-unstoppable-deficit-train\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptoslate.com\/"},{"@type":"ListItem","position":2,"name":"Inside the mind of Lyn Alden: Bitcoin, AI, and the unstoppable deficit train"}]},{"@type":"WebSite","@id":"https:\/\/cryptoslate.com\/#website","url":"https:\/\/cryptoslate.com\/","name":"CryptoSlate","description":"Cryptocurrency News and Real-time Coin Data","publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"inLanguage":"en-US"},{"@type":"NewsMediaOrganization","@id":"https:\/\/cryptoslate.com\/#organization","name":"CryptoSlate","url":"https:\/\/cryptoslate.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","width":1000,"height":1000,"caption":"CryptoSlate"},"image":{"@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/cryptoslate","https:\/\/www.instagram.com\/cryptoslate","https:\/\/www.linkedin.com\/company\/cryptoslate","https:\/\/www.youtube.com\/c\/cryptoslate","https:\/\/cryptoslate.substack.com","https:\/\/t.me\/cryptoslatenews","https:\/\/www.crunchbase.com\/organization\/cryptoslate","https:\/\/iq.wiki\/wiki\/cryptoslate","https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ","https:\/\/muckrack.com\/media-outlet\/cryptoslate","https:\/\/www.tiktok.com\/@cryptoslatenews"],"publishingPrinciples":"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles","ownershipFundingInfo":"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/","correctionsPolicy":"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback","ethicsPolicy":"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles","foundingDate":"2017-08-04","founder":[{"@type":"Person","name":"Nate Whitehill"},{"@type":"Person","name":"Matthew Blancarte"}],"contactPoint":[{"@type":"ContactPoint","contactType":"customer support","url":"https:\/\/cryptoslate.com\/contact\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"sales","url":"https:\/\/cryptoslate.com\/advertising\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"newsroom","url":"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback","email":"tips@cryptoslate.com","availableLanguage":"en-US"}],"masthead":"https:\/\/cryptoslate.com\/about\/#masthead"},{"@type":"Person","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/53027885b2dcc5bd47ab94e7824a6bbd","name":"Christina Comben","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2024\/05\/author-christina-comben-150x150.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2024\/05\/author-christina-comben-150x150.jpg","caption":"Christina Comben"},"description":"Christina is a web3 writer, editor, and content manager with a passion for technology and starting important conversations. As an industry OG, she\u2019s not phased by market volatility and frequently scrimps on Starbucks to BTFD.","url":"https:\/\/cryptoslate.com\/author\/christina-comben\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/493244"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/230"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=493244"}],"version-history":[{"count":21,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/493244\/revisions"}],"predecessor-version":[{"id":499578,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/493244\/revisions\/499578"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/493293"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=493244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=493244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=493244"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=493244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}