J_BIACK on Nostr: Bitcoin is the most effective protection against currency devaluation. Therefore, it ...
Bitcoin is the most effective protection against currency devaluation. Therefore, it is natural to expect the renewed expansion of the US money supply to be a good thing. But be aware: what we are seeing now is not even close to the 2020/2021 era. The M2 growth rate is just returning to its pre-COVID average. That said, if you are looking for an asset to preserve your wealth while fiat currencies are devalued to deal with unprecedented levels of government debt around the world, look no further than Bitcoin. He proved his worth.
Published at
2024-10-25 11:30:57Event JSON
{
"id": "33e4f31f669cca96b9f8416b405df63592d415ee91d62e4e5b217a26ae04671c",
"pubkey": "ea126a8d9ad35643d61fa103f98024c10faf2398a4ce398e4e8a3043c4362ae9",
"created_at": 1729855857,
"kind": 1,
"tags": [],
"content": "Bitcoin is the most effective protection against currency devaluation. Therefore, it is natural to expect the renewed expansion of the US money supply to be a good thing. But be aware: what we are seeing now is not even close to the 2020/2021 era. The M2 growth rate is just returning to its pre-COVID average. That said, if you are looking for an asset to preserve your wealth while fiat currencies are devalued to deal with unprecedented levels of government debt around the world, look no further than Bitcoin. He proved his worth.",
"sig": "f4a5e4b283cb232c1f84210a528c6cec4a5d22fa40a691a2bddeb4bba4644fecff9297d70109af1df8a0901b0df8c05afc57c31d11f5ea25d8daaa36821f4f3e"
}
