M2 — cash, checking deposits, savings, money market funds and other instruments that can become spendable cash within days — acts as the bloodstream of the global economy. When central banks expand M2 (via rate cuts or quantitative easing), liquidity floods markets. Investors, drowning in cheap capital, start to chase yield. More money circulating means that, all else equal, the relative value of that money falls. Investors, naturally, are wired to seek preservation of wealth. Bitcoin’s fixed supply, combined with its global accessibility and increasing adoption, makes it a candidate for capturing some of that displaced value.