I don’t want the dollars I work for to lose purchasing power; I never get upset when the dollar rallies. Recently the Fed has been strengthening the dollar and I secretly admire their effort.
Unfortunately, the decisions are made behind closed doors, and are based on lagging data. This results in an erratic monetary policy.
An erratic monetary policy that I have no comfort storing my life savings in, especially over the long term.
Predictable money is hard money. #Bitcoin’s monetary policy is the most predictable monetary policy to my knowledge.
The only unpredictable part of #Bitcoin is how many people understand it vs how many people thought they understood it.
History and the future usually rhyme, which could indicate September to be a bad month for price and a good time for accumulation. 