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Bitcoin will do this until it’s absorbed it all Fiat in circulation, & since Fiat Currency is infinitely printed, it will only continue to absorb all fiat being created, continue to grow

Bitcoin will do this until it’s absorbed it all Fiat in circulation, & since Fiat Currency is infinitely printed, it will only continue to absorb all fiat being created, continue to grow




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10 Comments

  1. Can someone ELI5 how a nearly infinite supply of fiat can be absorbed by a finite number of Bitcoin? Is Bitcoin liquid enough with people buying and selling that the price can increase relative to fiat?

  2. first of all, thats total bullshit.
    second: if btc would „absorb“ all worthless printed fiat, that would mean btc looses its own value, because its backed with infinite fiat shit.

  3. This post is pure bs.
    There’s a finite number of bitcoins that will ever be created. And it’ll eventually be so rare and expensive no one will use it.
    That’s very very long term.
    Short term that may be true

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