Post
Topic
Board Bitcoin Discussion
Re: Why we want inflation for good value on BTC?
by
Dickiy
on 18/04/2023, 15:55:33 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.

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?

I'm very doubtful about that thought, basically when FIAT does too much printing it will increase the price of goods because there is more money in circulation than goods so maybe your thinking is that bitcoin is an item that will increase in price if money circulates in society because there will be demand for it. bitcoin, but it's not that easy to relate to this, in my opinion, there are too many bad effects if too much money is printed, which will directly attack financial stability and also affect monetary policy which changes like what Thefed has done to this day.