4 ms·

Serious question: the burn off in crypto should theoretically help with fiat inflation, correct? The Fed prints, and crypto evaporates.

by soyiuz 4y ago

MrMan 4y ago
any risk assets losing a ton of value would minimize the wealth effect but a lot of crypto holders were hoarding their coins and not spending so maybe not that much
- MrMan 4y ago
  also its not that much actual cash that went into the crypto hole as the M2M valuation