
Fighting For Peace | The Pascal Najadi Series | Episode 1 (WiM223)
The "What is Money?" Show
00:00
Bitcoin Price Is Depressed
The freezing of Russian central bank assets essentially shattered the world into a multi-polar world. This is obviously disruptive to global trade, I'm sure it's going to be contributing to inflation. We just have less products and services coming to market against the backdrop of fiat currency supply expansion. That's where Bitcoin comes into place because we have inflation now. The price is depressed because we had some events like Terra Luna,. which were disastrous for the market as people could not believe that something goes to zero.
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