RE: The dollar can only strengthen for so long...

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The dollar can only strengthen for so long...

in bitcoin •  2 years ago 

USD for the win right now - BTC definitely wasn't a good inflation hedge, so far...

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People are required to feel the consequences first literally, before the omnipresent issue itself can be approached.

It's interesting... it's almost like bitcoin moved up with the anticipation of inflation. It did actually work very well in predicting inflation, I would venture to guess that going out over the next 12 months inflation is going to be non existent or even negative from here, which bitcoin seems to also be pricing in right now... just some thoughts.