If you thought it was hard to hodl through an 80% draw down just wait for the 99% draw down once hyperinflation hits
Discussion
Everyone’s “Fiat Targets” will be hit…and the fomo to buy back will be the narrative
So few are ready
Reminder that bitcoin doesn’t inflate but when the grocery store only accepts dollars and your stomach is growling you’ll have to turn your bitcoin into fiat to eat. Hopefully we get to a bitcoin circular economy before hyperinflation hits
Small scale companies have a huge advantage in this scenario because it’s nothing for the rancher to download a phone wallet and accept bitcoin. It’s a whole different story for a supermarket like Safeway to implement bitcoin and get it running in all stores