Post
Topic
Board Bitcoin Discussion
Re: Why we want inflation for good value on BTC?
by
suzanne5223
on 18/04/2023, 15:34:37 UTC
With the printing of fiat money that is always in constant motion by the powers that be.
As the fiat money devalues in value. The value of BTC and other cryptos goes up.
So if the banks etc printing all fiat out of crazy numbers, then we should be in a guarantee of BTC going to over a million perhaps.
The Banks are the ones in charge of printing new fiat currency and the devaluation of fiat currency is not the major reason that triggers the surge in the price of BTC. Remember, Satoshi has already led the framework of block halving to prevent inflation and encourage an increase in demand.

Does that mean we should be embracing the printing of money?
Make all our money go totally out of value, so anyone holding BTC can get good value?

Does this make sense?
You can embrace the idea by investing in assets than holding fiat currency since holding fiat is never a good idea in the first place.