Why #bitcoin is pumping, a short story.

USD or any other Fiat is infinitely printed by the government.

Inflation hits at an average of 3.5%, thats taking 100 from 2020, and being worth 60 in 2000.

Ignoring the fact in 2020 they printed 9.5% of the total GDP,

So in 2020, 9.5% printed as a bailout and 3.5% average annual that means from 2020–2021 that means the dollar is worth 13% in just one year.

This is how they devalue labor and increase the cost of living.

Food, housing & education have gone up by hundreds and thousands of percent over the last 50 years but the average annual income has stayed stayed around 30k

This is how the rich stay rich and the poor lose everything because the working classes value is debased from the inside out.

My nanas house cost 20k when they bought it now its valued something like 220k, the house isnt in better condition, they didnt add any additions, the “value” of the land went up but mostly the “value” of each dollar went down.

On top of that, shes paid more in taxes than she paid for the house!

The dollar depreciates in your pocket, there is no limit to how many dollars will exist.

The bitcoin in existence will never change, but you can break it up into decimal places so it can be valued almost infinitely as there are only so many of them and will never be more.