Re:Bitcoin has surpassed $15k for the first time since Janua...
by throwaway-sf on Thursday November 05, 2020 @11:50AM
(#24999725)
The total market cap of all crypto assets is less than the market cap of Tesla right now.
If they are remotely right that bitcoin is a liquid inflation protected asset then the demand for such an asset should increase in a world of more and more QE from central banks.
Re:Bitcoin has surpassed $15k for the first time since Janua...
by conanbatt on Thursday November 05, 2020 @10:34PM
(#25004614)
The value of money is not linear compared to its quantity. I remember the calls for high inflation in 2009 with the banks bailout, but it didn't happen.
If they are remotely right that bitcoin is a liquid inflation protected asset then the demand for such an asset should increase in a world of more and more QE from central banks.