Post
Topic
Board Bitcoin Discussion
Re: New money being printed
by
pawanjain
on 13/01/2022, 07:54:12 UTC
The Fed generates an infinite supply of dollars and purchases an infinite number of government bonds...news reports that capped supply of bitcoin is a hoax.

The prevailing narrative of dread is ludicrous. I suppose "tapering" from enormous quantities of new money to massive, tremendous amounts of new money should be detrimental to bitcoin. Fear fuels the clown world.

It could also be that the Feds print tremendous amount of money which is why the value of fiat is depreciating every year.
The news reporters are obviously being paid to create a bad fame for bitcoin by the very same people who are in support of fiat.
But the thing is that bitcoin is already here and the world is accepting it at least slowly.
It might take some more time but the world will realize that depreciating value of fiat is so harmful for the economy.
Bitcoin will pave the way for a better financial system in the world.