The money supply increases every time credit is created.
Every loan, every credit swipe adds to the supply of money.
Credit will always be second-class to Bitcoin.
The money supply increases every time credit is created.
Every loan, every credit swipe adds to the supply of money.
Credit will always be second-class to Bitcoin.
I like to remind people of that when talking 'money printing'
Most of it came from people taking out credit.
I know, it is just me being a smart arse, but I used to use it as a sort of test. If they doubled down, then no point talking to them 🤣