04-28-2020, 03:14 AM
Helicopter Money, Inflation, and the Bitcoin Standard
<!-- SC_OFF --><div class="md"><p>The 2008 Financial Crisis set the stage for Bitcoin’s creation. The COVID-19 economic shock will set the stage for Bitcoin to shine as a <strong>store of value, hedge against inflation, and hard money.</strong></p> <p>Governments around the world are printing money, cutting interest rates, and responding in a similar fashion to how they did to the 70s oil shock, which led to high inflation. Meanwhile, Bitcoin is undergoing quantitative tightening and its inflation rate is being cut in half through the May halving.</p> <p>For a deeper dive, please check out this <a href="https://medium.com/ryze-crypto-digest/helicopter-money-inflation-and-the-bitcoin-standard-30f67ae74a4">research report</a> I wrote. Hope you enjoy it!</p> </div><!-- SC_ON --> Kind Regards R
<!-- SC_OFF --><div class="md"><p>The 2008 Financial Crisis set the stage for Bitcoin’s creation. The COVID-19 economic shock will set the stage for Bitcoin to shine as a <strong>store of value, hedge against inflation, and hard money.</strong></p> <p>Governments around the world are printing money, cutting interest rates, and responding in a similar fashion to how they did to the 70s oil shock, which led to high inflation. Meanwhile, Bitcoin is undergoing quantitative tightening and its inflation rate is being cut in half through the May halving.</p> <p>For a deeper dive, please check out this <a href="https://medium.com/ryze-crypto-digest/helicopter-money-inflation-and-the-bitcoin-standard-30f67ae74a4">research report</a> I wrote. Hope you enjoy it!</p> </div><!-- SC_ON --> Kind Regards R