Here’s a thought. Whenever people buy #Bitcoin from an exchange they are exchanging fiat for BTC. Never mind what currency they use to buy, it’s the miners who are at the end of the supply chain. The miners buy energy for BTC and with 37.8% of miners in USA, they will be paying in dollars. That means that dollars are entering USA fiat economy at the rate of…
37.8% of 3.125 BTC every 10 minutes, 6 times an hour, 24 hours a day at $100k each.
If I’ve got my sums right, that’s $17m per day effectively being injected into Dollarland to cause more inflation. Is this significant?