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The Impact of Quantitative Easing and the Advantage of Bitcoin
This chapter examines the concept of quantitative easing (QE) and its history, critiquing central banks for printing money for their own interests. It discusses the reasons why the price of gold has not responded strongly to currency counterfeiting, highlighting the advantages of Bitcoin in terms of portability and final settlement. The chapter also explores the bullish outlook on Bitcoin, its resistance to regulation, and the potential impact of hyperinflation on the US dollar.