
The book written by "Lawrence Lepard" discusses in detail the effects of printing money. When a country's central bank prints excess money, the effect is to cause inflation. Hyperinflation occurs when a country prints too much currency, as happened in Zimbabwe in 2000 and is currently facing an extreme situation in Venezuela.
When there is excessive inflation in a country, the value of the currency in that country decreases so much that even if you take a sack of money to the market, you cannot buy a kilogram of rice. In this situation, Bitcoin will play an important role in combating hyperinflation.
yes indeed sometimes I am also surprised because sometimes I also see like in Zimbabwe buying goods in small quantities but the money is very piled up yes of course that makes me think of course this is what is done if a country continues to make a lot of money and finally makes society difficult because of inflation which finally makes money less valuable because its supply continues to increase.
yes it is true that now btc has an important role in fighting hyperinflation and of course it is not surprising that now people are starting to buy btc and hold btc. yes now of course btc has become a very valuable asset because of course it is different from fiat currency which of course is getting more and more yes of course I am sure that one day btc will be more expensive because now people are starting to know that saving fiat money will certainly be affected by inflation. yes that's why now it's not surprising that big companies like Tesla and others buy and adopt a lot of btc.
of course with this topic makes me more enthusiastic to hold btc for the long term and more enthusiastic to buy btc and store it for the long term.