Quote from: South Park on November 04, 2016, 10:26:08 PM

Quote from: qiwoman2 on November 04, 2016, 05:44:07 AM

The problem with printing money all the time is it keeps making the middle classes and poor people even poorer as their purchasing power keeps going down and this isn't a good thing long term at all. Also increasing the debt ceiling is a big problem and this has to be sorted out. Russia and China are buying up a lot of gold reserves, what is the U.S doing to strengthen it's fiat currency?

When governments of the world turn on the printing press to get out of debt the middle class is the most affected by far, the rich will still be rich since they have houses, jewelry and stuff like that, the truly poor are still very poor, the middle class is the one that has most of their wealth confiscated through inflation.

The inflation will affect the middle and lower class more than the upper class. So the poorer people should support the bitcoin.