Quote from: pooya87 on Today at 07:43:55 AM

When Fed prints more fiat, it is tanking the value of fiat. It is NOT increasing value of bitcoin.

For example if we assume bitcoin value stays stable (like when it reaches mass adoption) and you could pay your rent with 0.01 bitcoin or with 5000 USD, when they tank the fiat value with inflation you still pay your rent with 0.01 bitcoin but now you pay 10000 USD for instead and obviously bitcoin "price" has gone up against USD in that scenario without gaining any "value" just because of inflation.

In the coming year we will see a huge bitcoin price rise and most of it like always will be due to mass adoption but part of it will also be because fiat is tanking.

100% true. There is also another factor that boost bitcoin price (thanks to printers doing brrrrr). It's the first time that money has no way to escape from loosing on purchasing power. Already posted it few days ago but it fits to this discussion as well. Here is my quote:

Quote from: Tytanowy Janusz on November 12, 2020, 07:40:33 AM

0 - printers doing brrrr to buy treasury bonds
1- this makes negative real yields on bonds (this push money down)
As of 2017, the size of the worldwide bond market (total debt outstanding) is estimated at $100.13 trillion, 100 trillion is looking for alternative
2- interest on term deposits in banks are close to zero (this push money down)
3- corporate bonds risk of not being paid is bigger than expected ROI (this push money down)
4- inflation and fear of inflation getting bigger and bigger forces people to look for assets that will protect their funds from inflation by accepting even greater and greater risk (because safe assets guarantee a real loss (expected profit - inflation))
5- this push money to real estate makes them super expensive (3-4 % real profit from renting is still not enough to cover inflation)
6- this push money deeper and deeper (stocks and dividend profits) but they are cosmically overvalued and dividends are very small
As of December 31, 2019, the total market capitalization of all stocks worldwide was approximately US$70.75 trillion. so 70 trillion is looking for alternative
7- this push money deeper into very high risk assets (bitcoin) - the profit opportunity is usually better than the loss guarantee - and bitcoin is worth only 300 bil $ so even a small fraction moved from above assets will cause huge pump here.

“The United States printed more money in June than in the first two centuries after its founding,” Morehead wrote. “Last month the U.S. budget deficit — $864 billion — was larger than the total debt incurred from 1776 through the end of 1979.”
https://cointelegraph.com/news/us-printed-more-money-in-one-month-than-in-two-centuries

"In response to the coronavirus, the Federal Reserve has printed approximately $3 trillion. The total assets of the Federal Reserve as of the end of February 2020 was $4.16 trillion. By the end of July, total assets was $6.95 trillion."
https://medium.com/discourse/do-you-realize-the-massive-amount-of-money-printing-happening-due-to-the-coronavirus-pandemic-1f4347cc0404