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The total market cap of all crypto assets is less than the market cap of Tesla right now. If they are remotely right that bitcoin is a liquid inflation protect
by throwaway-sf 6y ago
The total market cap of all crypto assets is less than the market cap of Tesla right now.
If they are remotely right that bitcoin is a liquid inflation protected asset then the demand for such an asset should increase in a world of more and more QE from central banks.
- conanbatt 6y agoThe value of money is not linear compared to its quantity. I remember the calls for high inflation in 2009 with the banks bailout, but it didn't happen.