Nostr Web Client

No... Everything goes to zero against BTC. You're not understanding the inverse relationship. If Bitcoin gains value, measured in USD, then you can't get as many sats for 1 dollar as you previously could. If Bitcoin is at 25k you can get 4k sats for a dollar. As Bitcoin increases in value the amount of sats you can get for a dollar decreases. Because the dollar won't buy as many sats.

Sound Money 2y ago

Your presupposition is that the dollar continually loses purchasing power as a result of a growing quantity of dollars. Over a long enough time horizon I agree. But let’s focus on the short term. Is there currently a growing number of dollars in the monetary system?

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