ironize on the fact that most people are in crypto for different reasons from understanding monetary policy(utility, necessity, speculation), but also that if you do understand monetary policy you probably are already in crypto.
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You can measure the value of Bitcoin against fiat currencies, but because the value of fiat currencies isn’t fixed and is subject to the effects of inflation that information alone doesn’t really tell you anything about the purchasing power of Bitcoin. Fiat currencies will eventually all go to zero, so at some point measuring Bitcoin against fiat currencies will become obsolete anyway.
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I’m posting two:
Bitcoin has a pre-determined monetary policy and a fixed maximum supply, so doesn’t have any risk of hyperinflation like the USD. The monetary policy is determined by an algorithm, not by a central entity such as a government/central bank.
Bitcoin cannot be seized nor confiscated. Gold and fiat currency can.
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Will you be the bear in this story? Was the biggest BTC buy signal. But the best bull cycle is brewing yet… again!
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this might be reality one day. Every fiat currency has died sooner or later. But not the dollar… the dollar will survive…
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The more government reserve banks continue printing money (inflating it’s value), the more people turn to deflationary assets like bitcoin that has astonishing fundamentals and protocol.
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Deflationary characteristics make it an ideal long term investment
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This represented the crypto fever of 2017. “When moon” and “when Lambo” were common memes in all the chat rooms.
A Bitcoin meme: “Bitcoin is a vehicle for criminal transactions, because it is anonimous and can’t be traced and tracked, is invisible on a bank account…” Bitcoin is neutral like a printing press. The printing press doen not care what text or imag you will print and what you do with that text.
Bitcoin is neutral as an asset of exchange… the intentions of your exchanges matter, not the fact you do excahang
Verify don’t trust, the protocol is neutral
With such uncertainty with our current monetary policy and how the government is printing fiat currency endlessly, it is reassuring that we have a new asset class that will be unaffected and possibly even benefit from their irresponsibility!
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Bitcoin as a store of value
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POTUS perfectly describes Fiat currency but attributes the description to bitcoin. The Federal Reserve (the money printer), looks guilty and tries to go about its business as if nothing is happening lol.
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ahhhh … That is my favorite one!
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