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I love that BTC is supposed to be correlated with inflation - when if you take one second to look at the price chart - it obviously has no correlation with infl
by onlyrealcuzzo 6y ago
I love that BTC is supposed to be correlated with inflation - when if you take one second to look at the price chart - it obviously has no correlation with inflation whatsoever.
- rualca 6y ago> I love that BTC is supposed to be correlated with inflation Is it really? BTC is renowned for being systematically and thoroughly manipulated. It makes no sense to expect any correlation that is based on the assumptions of a free market.
- H8crilA 6y agoWell, to be honest there hasn't been any serious inflation in any developed country since ~2009, since Bitcoin was created. Gold is short term pretty much uncorrelated with anything, but long term keeps up with CPI very well. Even on extremely long time scales, several centuries.