Bitcoin is competing with the U.S. Dollar.
The more dollars they print the better Bitcoin does.
Why?
Because the Dollar becomes less valuable. That means it can't buy as much as it used to. If you hold it you become poorer.
People will sell their dollars for Bitcoin because it buys more than the dollar does.
That's why people buy gold.
Some predict Bitcoin will be worth more than Gold someday.
I think they are right.
