Gustav Buder

📈 CEO Goobit Group AB (BTCX) Ex Bybit 💳 Fintech Founder (Paytrim)

[Bybit Nordic @BybitNordic]

This isn't just a card. It's your access pass to Stockholm Open. 🎾
The Bybit Stockholm Open limited-edition design comes with perks that go beyond payments.
Up to €300 back on tickets. Up to €10 back on food & drinks inside the arena. 100 tournament tickets giveaway.
Crypto meets courtside.

→ https://t.co/7l6JDZ34uB

#bybitstockholmopen #bybitcard #stockholmopen #cryptonordics

[Bybit Nordic @BybitNordic]

He's coming back to defend his title.

🎾🇸🇪 Casper Ruud is confirmed for the Bybit Stockholm Open 2026.

November 7-14, Royal Tennis Hall, Stockholm.

Tickets + 15% Bitcoin back: https://t.co/z5uFKKxqtx

@CasperRuud98

#BybitStockholmOpen

[Bybit Nordic @BybitNordic]

New episode of #Kryptoteket 🎧

One of the strongest beliefs in Sweden:

“Housing prices always go up.”

According to @JohanJaveus (Sr Economist at SEB) — that might not hold going forward.

If that changes, a lot changes.

🎧 Listen:
https://t.co/mzyjQMkMOL

New to Bitcoin? Get €20 in BTC on Bybit:
https://t.co/6NzekcXwxs

[Bybit Nordic @BybitNordic]

Techarena 2026 was packed with energy - from inspiring people on stage to spontaneous conversations across the floor.
A huge thank you to everyone who stopped by our booth. The questions, the discussions, the laughs - that’s what makes events like this special.
#Techarena #Bybit

[Gustav Buder @holisticcitys]

@BybitEU Huge step forward for the Nordic market crypto adoption!

[Bybit EU @BybitEU]

Bybit is the new title partner of the Stockholm Open, officially becoming the Bybit Stockholm Open starting in 2026.

This is a three-year partnership and an important milestone in Bybit’s expansion. The Stockholm Open is one of the most historic tournaments on the ATP Tour, and it’s an honor to support its next chapter.

👉Campaign: https://t.co/ytP6eLAjGp

[Bybit EU @BybitEU]

https://t.co/ESvVpf9e2c

[The Bitcoin Historian @pete_rizzo_]

JUST IN: BILLIONAIRE RAY DALIO JUST SAID THAT THE CURRENT MONETARY ORDER IS "BREAKING DOWN" AND "FIAT IS NO LONGER A CENTRAL BANK ASSET"

BETTER BUY #BITCOIN 🔥🔥

[Julien Bittel, CFA @BittelJulien]

I wanted to give everyone something meaningful, a gift…

This comes from Global Macro Investor (GMI) and a deep, long-running body of research developed by @RaoulGMI and myself.

Many of you already know The Everything Code, which is our framework for understanding the macro landscape and why major central banks are debasing their currencies to manage aging demographics and overwhelming debt loads.

I call this a gift because these four charts, while only scratching the surface of The Everything Code, give you the big-picture context you actually need in moments like this.

They stop you from getting lost in every Bitcoin pullback and explain why Raoul and I never panic, even when, to borrow one of his expressions, everyone’s acting like monkeys throwing poo at each other.

Once you understand The Everything Code, you stop trading short-term noise and expand your time horizon. You cannot unsee it.

The starting point is what we call The Magic Formula:

GDP growth = population growth + productivity growth + debt growth.

Population growth and productivity growth have been falling for decades. Debt growth is the only thing filling the gap.

The private sector has been deleveraging since 2008, mainly households, but debt levels are still around 120% of GDP. The public sector sits at roughly the same level.

Here’s the problem…

If the government is running debt at 100% of GDP and the private sector is sitting on another 100%, and for simple math we call rates 2% even though they are really closer to 4%, then the entire 2% trend growth of the economy is being consumed by servicing private-sector debts. That is a completely unproductive use of GDP. And then there’s the issue of public-sector debts. There’s just not enough organic growth to service the existing debt load.

To understand why this dynamic persists, you need demographics.

Birth rates peaked in the late 1950s and have been declining ever since. This shows up about sixteen years later in the labor force participation rate as each generation enters the workforce (chart 1).

That means the labor force participation rate is not going to rise any time soon. It is set to keep drifting lower. This is a structural problem.

Aging populations, falling birth rates, and rapidly expanding automation make the backdrop even more deflationary. AI and robotics are replacing humans at scale, and we are only at the beginning. This reinforces the need for ongoing stimulus to keep the system functioning.

With weak population growth and sluggish productivity, the only way to keep GDP expanding is through debt.

Now here’s where it gets interesting…

Government debt growth is completely offsetting the demographic decline and policymakers know exactly what they are doing (chart 2).

And what happens next?

All debt growth in excess of GDP gets monetized (chart 3).

Basically, since 2008, magic money has effectively been paying the interest. Governments issue new debt to cover old interest, and once rates fall enough, central banks absorb it onto their balance sheets.

So to wrap this up, demographics drive the decline in the labor force. Governments offset that decline with more debt. That debt eventually gets monetized through quantitative easing (QE) style operations, not always directly by the Fed, but through the coordinated ecosystem of the Fed, the Treasury, and the banking system. And the bottom line is that there’s still a massive wall of interest that needs to be monetized, far more than GDP can ever cover. Liquidity is literally the only game in town.

And what thrives in a world of perpetual debasement? Bitcoin (chart 4).

I know this correction has been painful, but it’s all part of the journey. These periods feel brutal in the moment, then they fade and the trend resumes. This too shall pass…

To quote Walter White from Breaking Bad, later echoed by @LynAldenContact, nothing stops this train.

MOAR COWBELL (liquidity) = number go up over time. Zoom out and be more bullish…

[Nordic Blockchain Association @nordicblock]

Last Thursday in Stockholm, we explored the future of crypto, Web3, and wallet security 🇸🇪

At our 'Careers in Crypto: Wallet Security & Web3 Essentials' event, students and Web3 enthusiasts came together to dive into the opportunities and challenges shaping the digital world.

It was great seeing everyone who attended. Your curiosity and engagement are what make these conversations meaningful!

A huge thank you to our two speakers, Gustav Buder (@holisticcitys) (Nordic Market Lead at Bybit EU) and Sofia Bobadilla (@BobadillaPSofia) (Ph.D Student at KTH Royal Institute of Technology), to Lennart Kirk (Chairman at Nordic Blockchain Association) for hosting the event, and to our partners who helped make the event a success: @BybitEU, @KTHuniversity, and @EpicenterSthlm 🤝

[Sebastian Siemiatkowski @klarnaseb]

I said it then (feb 2025) and I will say it again:

We were wrong on crypto and on bitcoin, must rethink!

Being "last" I thought no one would care... but the reception was massive, so many reached out!

Nice to see first thing out there, MORE to come...

https://t.co/aLPo27vyDD

[Gustav Buder @holisticcitys]

https://t.co/O0g3m5i3D4

[Blockchain for Good Alliance (BGA) @ChainforGood]

🚀 @ChainForGood x @Bybit_Official x @UNDP AltFinLab Blockchain Impact Forum – #BGAwards AMA!

🎙 Theme: Blockchain for Sustainable Impact
📅 Oct 30 | 10PM SGT
🔗 Space: https://t.co/rJDfjTPcHK

💰 $200 USDT Airdrop — for the Top 20 participants who ask the best questions about #BGAwards!
Drop your questions in the comments under this post ⬇️
🏆 Winners will be announced at the end of October and contacted directly.

Moderator: Sheikh Bilal - Head of Bybit Learn, @Bybit_Official

Speakers:
🎤Glenn @jg13nn – Director of Global Affairs, @ChainforGood
🌐 Anthony Anzalone @burntbanksy – Founder, @burnt_xion
💡 James Newell @JamesNewell – Executive Director, @foundation_gsr
☀️ Sunny Lu @sunshinelu24 – CEO, @vechainofficial
🇩🇰 Gustav Buder @holisticcitys – Nordic Market Lead, @BybitEU
⚙️ Joshua Cheong @joshuacheong – Head of Product, @Mantle_Official

Join us to explore:
🌍 How blockchain drives real-world sustainable impact
💡 Why “Blockchain for Good” matters
🏆 What to expect at the upcoming #BGAwards (Nov 4–5, Copenhagen)

🎫 Register: https://t.co/EQEVtaW3wY

🌐 More info: https://t.co/VZAVmdJb3p

#BGA #BGAwards #BlockchainImpactForum #BlockchainForGood #Web3ForGood #SDGs