Monetary expansion is not inflation. Prices are actually receding compared to the whole.
This chart is what tells us Bitcoin was never needed, dollars are working, productivity is increasing faster than dilution.
The dollar is transitioning to a digital network; a network that vastly exceeds the scale of Bitcoin.
Metcalfe's Law suggests people will flee Bitcoin due to the lack of participants, for the globally distributed dollar network. As seen in Venezuela, as seen in Argentina, as seen in every developing nation whose central banks sold them out for the dollar.
