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The Dollar is in trouble.

• smoldesu 4y ago
  If this was true in any significant fashion, Bitcoin's price would be rising due to the decrease in purchasing power. Except, it's not. Both Bitcoin and the USD have been hemorrhaging value, but Bitcoin has been tanking on a whole different level.
  • tempera 4y ago
    Yes but your time-horizon is thin, when you state the current state of affairs. Make a prediction, how much do you think 1 Bitcoin will value in 2024, 2028, 2032? Then, looking back at your prediction and actual price...
  • jleyank 4y ago
    Which currency is the usd shedding value to? It’s done quite well vs the loonie, pound and euro. Didn’t check chf, but the yen is at a multi year low vs usd.
    • shaburn 4y ago
      At the moment. But when institutional establishment thought leadership is advising adversaries and potential adversaries to head for the hills, all is not well in Oz.
    • deleted 4y ago
      [deleted]
  • shaburn 4y ago
    False. Bitcoin is an theoretical hedge against the dollar, as well as inflation. In practice it has proven otherwise.