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As long as you can find someone willing to trade something for Bitcoin, your Bitcoins are safe from USD printing. Whether it's a pizza that later on is worth b
by WrtCdEvrydy 6y ago
As long as you can find someone willing to trade something for Bitcoin, your Bitcoins are safe from USD printing.
Whether it's a pizza that later on is worth billions, or a car or something else. Your bitcoin is worth something, and is just another method of payment.
- whimsicalism 6y ago> your Bitcoins are safe from USD printing. Wouldn't that make it a hedge against inflation? Many people in this thread on the wrong side of the Dunning-Kruger curve.
- WrtCdEvrydy 6y agoI believe USD printing would 'deflate' your savings. But English as a third language so maybe I'm wrong...
- arcticbull 6y agoLiterally every asset is safe from USD printing. Each and every one. As soon as you don't hold literal physical dollars in your possession what matters isn't inflation but the performance of the asset. Beanie babies, shoes, bitcoin, bond funds, stocks. All of them.