The only misinformation about inflation is the one that government agencies are peddling.
Bitcoin is valuable because it holds the collective attention of a huge number of people - This makes it an ideal asset to soak up the surplus fiat which is constantly being injected into the economy which would otherwise have been soaked up by some mega-corporation.
People can collectively keep taking out more loans from banks and dump it on Bitcoin. It will always go up that way so long as the next generation starts doing the same thing.
This is not a new thing. That's basically what was happening with corporate stocks over the past few decades; it's a continuation of the same fiat pyramid scheme except that now the focus point of the scheme is crypto instead of stocks.
The fact that crypto is honest about the reality of the scheme which it benefits from is why it will succeed. They just capitalize on distrust and contempt for the monetary system and it cannot really crash because the really smart investors know exactly what they're buying.
Bitcoin is valuable because it holds the collective attention of a huge number of people - This makes it an ideal asset to soak up the surplus fiat which is constantly being injected into the economy which would otherwise have been soaked up by some mega-corporation.
People can collectively keep taking out more loans from banks and dump it on Bitcoin. It will always go up that way so long as the next generation starts doing the same thing.
This is not a new thing. That's basically what was happening with corporate stocks over the past few decades; it's a continuation of the same fiat pyramid scheme except that now the focus point of the scheme is crypto instead of stocks.
The fact that crypto is honest about the reality of the scheme which it benefits from is why it will succeed. They just capitalize on distrust and contempt for the monetary system and it cannot really crash because the really smart investors know exactly what they're buying.