That’s where all the inflation has been hiding with all the bailouts since 2008.
All the gold people were wondering why gold and silver markets were not going up, but crypto was sky rocketing.
If gold and silver went up, then that would have been the canary in the coal mine.
How much gold I’d mined every year? Or silver? Or dollars printed?
They are moving targets, always growing.
Bitcoin hits 21 million. Then it stops. Period. It cannot grow further. THAT is why the Bitcoin price goes up.
Scarcity is built into the system. Unlike dollars.