Ninjastic
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
mindrust
on 23/09/2019, 10:22:35 UTC
Quote from: nutildah on September 23, 2019, 10:20:08 AM
Quote from: Globb0 on September 23, 2019, 09:52:50 AM
Quote from: Lambie Slayer on September 22, 2019, 08:17:38 AM
If I was a powerful wizard with a magic scepter that could enslave mortal Central Bankers and put them under my spell, I would use this scepter to make the Fed print lots of money and call it POMO, OMO, QE, and lower interest rates to near zero. This would inevitably send my Bitcoin to 1 million usd each and beyond and make me a fabulously wealthy Wizard. Unfortunately I dont have this scepter, but bc Im a lucky SOB the Fed is fulfilling my fantasies by doing this of their own free will.

Damn plot twist, I thought you were going to make them give it all back  to the people  Smiley

LOL.

Yeah hate to break it to you Lambie but if BTC rises because the dollar is that drastically inflated, a million bucks just won't have the same ring to it any more.

If money flows into BTC because of the perceived reduction of the dollar's purchasing power, and not actual inflation to match, then yes that would be just dandy.

In other words, we are not going to get filthy rich by inflated FIAT (if we are not already), others will get filthy poor.

Might not be a win but definitely not a lose.