Bitcoin as measure of inflation

Bitcoin as measure of inflation

By trobitcoin | bitcoin_for_freedom | 10 Feb 2021


All Fiat currencies have gone to zero so far and all still alive will go to zero too. It is becoming increasingly clear that Bitcoin is the best indicator of inflation caused by the current dollar-led financial system. Market volatility and the short-term effects of markets that cause short-term fluctuations in the price of Bitcoin clearly adhere to one relationship that is becoming increasingly apparent over time. This relation is the exponential relationship between the Bitcoin and the dollar and other fiat currencies pegged to it.

 

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Inflation is an exponential process that seems slow to grow at first, but at some point this growth increases extremely rapidly. You know the task of how thick paper you get if you fold it 50 times. The result is easy to calculate but is surprising to many people. We get it if we calculate the number 2 to the 50th power. This Number is 1.1259e15. A number with fifteen zeros. If the paper is only 0.1 millimeters thick, this is still a number with only fourteen zeros. The thickness of such folded paper is therefore 112.59 terameters. Or in other words 112590 million kilometers. Of course, we cannot perform a paper folding experiment in the real world, but even a thought experiment shows us the full force of growth of exponential processes.

Also, the ratio between the value of fiat currencies and Bitcoin is an exponential function or process that will take place in the future.

With the growing recognition of Bitcoin as a monetary instrument, it is not surprising that we are clearly witnessing hyperbitcoinization. We are currently at a stage where we are beginning to realize the fallacy of the current financial system and its exploitation to enrich those at the top and their dominance over common people.

So will the price of Bitcoin go against fiat currencies skyrocketing? Yes, Bitcoin will go to the moon! So the value of fiat currencies will inevitably go to zero.

So we are left with the conversion of our time spent at work (invested energy and effort per unit time) into Bitcoin because it is increasingly being shown that this is the best way to maintain the value of everything useful we do.

So folks, stack satoshies and secure your future !!!

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trobitcoin
trobitcoin

Coder for fun who love programming in Pascal, Huskell, Prolog and Rust, Bitcoiner, land surveyor.


bitcoin_for_freedom
bitcoin_for_freedom

This blog is intended to cover the social and political impact of the Bitcoin protocol on global society. Bitcoin, with its incredible features as good money is a hub for the liberation of people from the global financial system hegemony.

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