Re:/R/PixelArt Update: NFT Posts Are Now Banned
by rfd4sgmk8u on Thursday December 30, 2021 @05:02PM
(#29742017)
I very much disagree. I think the relationship is fairly obvious:
https://usdsat.com/
You may not be familiar with the history:
"The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust" -- SN (2009)
Literally why Bitcoin was invented. You can choose whatever you want to believe regarding reported inflation numbers. I tend to believe the metrics that show very high asset inflation in since 2009. And fact anything desirable seems to get cheaper in Bitcoin terms over time.
Why do you think cryptocurrencies are popular places with very high (reported) inflation, like Nigeria and Turkey?
You may not be familiar with the history:
"The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust" -- SN (2009)
Literally why Bitcoin was invented. You can choose whatever you want to believe regarding reported inflation numbers. I tend to believe the metrics that show very high asset inflation in since 2009. And fact anything desirable seems to get cheaper in Bitcoin terms over time.
Why do you think cryptocurrencies are popular places with very high (reported) inflation, like Nigeria and Turkey?