squirrelmaster on Nostr: No, the current banking crisis won’t lead to hyperinflation. If anything, it will ...
No, the current banking crisis won’t lead to hyperinflation. If anything, it will provide deflationary pressure as credit tightens and deposits flee to better capitalized / liquid financial institutions.
#Bitcoin, of course, could be part of this flight to safety (and arguably already is being perceived as such by risk managers, though I don’t know if the data supports this).
That supports the #Bitcoin as store of value narrative. Medium of exchange likely depends on integration layers (e.g., Zaps in Nostr) and frictionless UX
#Bitcoin, of course, could be part of this flight to safety (and arguably already is being perceived as such by risk managers, though I don’t know if the data supports this).
That supports the #Bitcoin as store of value narrative. Medium of exchange likely depends on integration layers (e.g., Zaps in Nostr) and frictionless UX