I don't mean inflation. Even if inflation was 0%, it means that money didn't change value relative to CPI. CPI tracks the value of customer goods, which depreci

I don't mean inflation. Even if inflation was 0%, it means that money didn't change value relative to CPI. CPI tracks the value of customer goods, which depreciate in value because productivity increases. Essentially, the value of dollar is tied to the value of bread. Assets, such as stocks, real estate, gold and bitcoin maintain their value better. That's why those assets seem to go up measured in dollar value. Those who are wealthy, don't own cash at all. They borrow cash as much as possible and buy assets that go up in value. The loan is diluted away while value is stored. Those who credited the loan (poor people and businesses who own cash) lost their earnings. Inflation is definitely not a wealth tax. Bitcoin survives because more and more people find out that it is the best store of value, because of its absolute scarcity and other properties. Lots of people join just because the value goes up, which causes bubbles. However, the long term trend is that inferior assets (which is everything) will go down relative to bitcoin.