Post
Topic
Board Economics
Merits 1 from 1 user
Re: Why we need bitcoin...
by
DooMAD
on 24/12/2021, 13:59:09 UTC
⭐ Merited by aysg76 (1)
Quote
While bitcoin halves US dollar doubles

Similar story in the UK.  The total M1 GBP money supply has doubled within the space of a decade:


source: https://tradingeconomics.com/united-kingdom/money-supply-m1 -> 10 year chart

Chances are, it'll probably double again, or worse, in the next 10 years.  It can't be sustainable.

HODL HODL and such.