tldr; U.S. M2 money supply has hit a record $22.7 trillion, nearly tripling from about $7.5 trillion in 2008, raising concerns about inflation and the dollar’s declining purchasing power. The article says the dollar has lost roughly 38% of its value since 2008, while rising oil prices and growing public debt could add more inflation pressure. It argues this strengthens Bitcoin’s appeal as a hedge, citing its fixed 21 million supply and growing corporate treasury interest.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
copperblood on
Just give Bitcoin and crypto another 17 years…. that’s all it needs to make its case….
alexyong342 on
btc’s fixed supply means nothing if nobody actually uses it as money, right?
what if the real problem isn’t inflation, but that crypto still fails the t-shirt test?
Available_Win5204 on
„As bitcoin bag holders get more desperate“
HSuke on
That’s 2.7% inflation, which is far less supply inflation than Bitcoin has had on average so far. (It wasn’t until 2020 that BTC dropped under 3% inflation)
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Fuck me, I got that in my pocket right now.
tldr; U.S. M2 money supply has hit a record $22.7 trillion, nearly tripling from about $7.5 trillion in 2008, raising concerns about inflation and the dollar’s declining purchasing power. The article says the dollar has lost roughly 38% of its value since 2008, while rising oil prices and growing public debt could add more inflation pressure. It argues this strengthens Bitcoin’s appeal as a hedge, citing its fixed 21 million supply and growing corporate treasury interest.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Just give Bitcoin and crypto another 17 years…. that’s all it needs to make its case….
btc’s fixed supply means nothing if nobody actually uses it as money, right?
what if the real problem isn’t inflation, but that crypto still fails the t-shirt test?
„As bitcoin bag holders get more desperate“
That’s 2.7% inflation, which is far less supply inflation than Bitcoin has had on average so far. (It wasn’t until 2020 that BTC dropped under 3% inflation)