Post
Topic
Board Bitcoin Discussion
Re: Did bitcoin lose its value?
by
Crypto_lion
on 18/10/2020, 13:43:19 UTC

Did bitcoin lose its value?
In the era of pandemic 2020, Federal Reserve Bank printed paper currency notes which ultimately decreased the value of us dollar USD. And in that period, Bitcoin btc was also stagnant and did not move much. So did bitcoin has losen its value with usd? If yes then similarly other fiat currencies like usdb, usdt etc. also lose their value with devaluation of us dollar.
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You have exactly mentioned why Bitcoin is more valuable now that the federal reserve has printed something like 20 percent of all USD in existence these last 6 months. We will see Bitcoin having more value.