The only logical take
If my local currency is going through massive inflation there’s still a huge demand for it because people need it to buy goods and services which pumps the brakes on that inflation a bit
What happens when people realize they can use bitcoin to pay for goods and services instead and that transactional demand for the local currency is gone?
Hyperinflation is probably going to accelerate quicker than it has in the past because of bitcoin
Gm JPow controls the price of everything in the short term
These people are certified lunatics lmao never knew this was a thing
If you’ve ever walked/biked/taken public transportation in a city you either understand why people would rather drive places or you’re virtue signaling
I just stumbled onto anti-car twitter and I’m so glad I did.
Needed some laughs
The year is 2053 and old guys on CNBC are still asking why can’t someone just create another bitcoin
Not a single one of your ancestors put tape over their mouth when they slept
Stop
Bitcoin tools are not ready for hyperinflation
We’re going to win but I think it’s going to take longer than most expect
Hitler was able to accomplish all his violence because of his Keynesian Finance Minister Hjalmar Schacht
https://www.gale.com/c/the-economy-and-war-in-the-third-reich-1933-1944-
So you’re defending hitler?
Can’t wait for Ford to be on the brink of going under so Chevy, Toyota, and Honda can bail them out. Nothing shady going on here at all folks
I wonder why the big banks are bailing out the small ones when they’d theoretically benefit from them failing because they’d scoop up some of their deposits