> Shouldn't very high inflation in US on goods priced with USD + rising global food costs actually bump up the price of BTC? Turns out 'commodities' (to use th

> Shouldn't very high inflation in US on goods priced with USD + rising global food costs actually bump up the price of BTC? Turns out 'commodities' (to use the term loosely) are worth whatever people think they are worth, and that includes 'currencies' (loose term) like Bitcoin. There is no "inherent" value to anything, only the value we humans put on them. Strictly speaking, the only things that are probably "inherently" valuable to humans are: air/oxygen, shelter, water, food. Everything else is a psychological 'trick' we play on our selves to allow for functional socities.