Replying to Avatar Ghost of Truth

The global money supply M2 is often used as one of the more important price indicators and predictors of Bitcoin. If you look at the massive movement, I think you can say that the bottom is in.

https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/34154b12e5949e34ce4325358bb9d5dabb3aed34d797d0cf3dc6bfd31bf56849.webp

In addition, on a geopolitical level, the Americans are engaging in massive on-sharing of capital, which could encourage pro investors and private investors who are more interested in Bitcoin to turn to BTC again. Money, it is fair to say at this point without sounding cynical, is simply better off in the hands of Americans than Europeans.

#bitcoin #btc #m2 #nostr

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Duvel 10mo ago

Could you say that the M2 supply of a country is the true inflation rate?

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Ghost of Truth 10mo ago

It's a better measurment, yes. But the whole debate around consumer price level changes, asset prices or base money and broader money supply is sth. that needs to be debated deeper by science.