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Executive summary: Here's Why Everything You Know About Bitcoin And Inflation Is A Lie

Bitcoin and inflation is a topic much discussed but often misrepresented. In this article, I clarify how inflation works, its relationship with Bitcoin, and where inflation is headed in the future.
Executive summary: Here's Why Everything You Know About Bitcoin And Inflation Is A Lie

Executive summary:

  • There are three types of inflation: monetary inflation, consumer price inflation, and asset price inflation.
  • If there is a lot of labor and/or a lot of cheap commodities, consumer prices don't immediately follow monetary inflation.
  • From 2008 till 2020, we had mostly asset price inflation and less consumer price inflation. This is reversing.
  • BTC has been hedging its holders against monetary inflation, not against consumer price inflation.
  • BTC (and ETH) have outperformed both stocks and real estate in money supply-adjusted terms.
  • The future development of the money supply and Bitcoin's reaction to it determines its long-term price development.
  • Deglobalization is changing the economics of everything.
  • Higher inflation could be here to stay for several reasons caused by deglobalization.
  • BTC will run it back when the money printer is back on and institutions ape in again.

Full article:

Here’s Why Everything You Knew About Bitcoin and Inflation Is a Lie | CoinMarketCap
What if we told you they have been lying to you about Bitcoin all along?