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There is an ugly feedback loop scenario where the crypto bubble accelerates inflation due to the high demand crypto places on energy and semiconductors and the
by wskish 5y ago
There is an ugly feedback loop scenario where the crypto bubble accelerates inflation due to the high demand crypto places on energy and semiconductors and the proportion of global GDP downstream from energy and semi. Inflation then loops in more demand for crypto assets (as an inflation hedge) creating ugly feedback loop until governments act to break it.