its true everyone tries to avoid losing purchasing power through inflation.
weird to think that central bank inflation means "money isnt a SoV by definition"
its true everyone tries to avoid losing purchasing power through inflation.
weird to think that central bank inflation means "money isnt a SoV by definition"
It is .. it is Fed's mandate to maintain 2 percent inflation .. everyone knows that in truth it loses anywhere 10 to 20 percent value ..
I mean when some bitcoiner pumps their chest on podcasts ..telling me that fiat is losing value .. I am like Duh ๐
that doesnt mean currency isnt a SoV
Everything is a store of Value - even Milk in the fridge - question is half life .. milk has 3 days ..fiat 3 years .
Funny thing is normies get it .. bitcoiners don't seem to understand . Because normies seek value - bitcoiners are driven by ideology !