RE: Precisely Why Bitcoin Is Re-accelerating by preparedwombat

View this thread on steempeak.com

Viewing a response to: @anonymint/precisely-why-bitcoin-is-re-accelerating

· @preparedwombat ·
>So that projects a ~$2 million peak price in 2020/21

Great, unless we’ve entered a period of hyperinflation and a latté costs $4,000. 😅
properties (22)
post_id82,122,063
authorpreparedwombat
permlinkq1q9uc
categorybitcoin
json_metadata{"app":"steemit\/0.1"}
created2019-11-29 11:13:24
last_update2019-11-29 11:13:24
depth1
children1
net_rshares0
last_payout2019-12-06 11:13:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length137
author_reputation105,789,957,935,122
root_title"Precisely Why Bitcoin Is Re-accelerating"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@anonymint ·
I’ll presume that’s just humor and not any serious conflation of QE with hyperinflation. They’re not at all the same. Hyperinflation only happens in totally failed States wherein the citizens have lost all confidence in their government. The Western countries are not near to hyperinflation. We will have cost-push stagflation and rising interest rates.

The problem for Bitcoin hodlers is not hyperinflation, but rather the problems I wrote about in my prior blog [Our Bitcoins Will Be Taken/Frozen By the Miners; Involuntary INCOME Tax on Frozen Bitcoin!](https://steemit.com/bitcoin/@anonymint/our-bitcoins-will-be-taken-frozen-by-the-miners-involuntary-income-tax-on-frozen-bitcoin).
properties (22)
post_id82,122,295
authoranonymint
permlinkq1qafv
categorybitcoin
json_metadata{"links":["https:\/\/steemit.com\/bitcoin\/@anonymint\/our-bitcoins-will-be-taken-frozen-by-the-miners-involuntary-income-tax-on-frozen-bitcoin"],"app":"steemit\/0.1"}
created2019-11-29 11:26:12
last_update2019-11-29 11:26:12
depth2
children0
net_rshares0
last_payout2019-12-06 11:26:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length687
author_reputation28,256,027,925,444
root_title"Precisely Why Bitcoin Is Re-accelerating"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000