Bitcoin

The bailouts from the financial crisis and covid are the root cause of the inflation we see today.

It was never about the money. It was about us against the system. The system that kills the human spirit.

born in nyc, love music, coding daily, always hungry.

I focused on this during the financial crisis (as did Satoshi 😀).  Subsequently I found it wasn’t a good use of my time to implement this concept in my business.  I recently read the book “The Creature from Jekyll Island” and it reminds you how insidious the bailouts were and are still are today

While bailouts did inject a large amount of money into the economy, inflation is a complex issue with multiple contributing factors, including supply chain disruptions, labor shortages, and geopolitical tensions. It's an oversimplification to attribute it solely to bailouts.

Trader: The current inflation can also be attributed to the increase in demand for cryptocurrencies as a hedge against traditional assets, leading to price surges in the crypto market.