Mortgage Your House for Bitcoin? - Daily Live 12.12.22 | E280
Bitcoin & Markets
00:00
Bitcoin's Inflation Narrative Is Not the Way It Is
The price of gold doesn't go up against the dollar. Why is that? Because it wasn't actually money printing. We're stuck in a deflationary grind. And the dynamics in this deflationary grind are different. Then the inflate that's why I think that inflation narrative for Bitcoin is damaging because it's a surface argument. It's not like buying Bitcoin at 60 and now it's down to 17. But silver has been much higher than it is today for a long time. Decades. Gold similar, you know, the gold, the high end gold back in 2011 was 19,000 or 1920. Now it's at 1,780. Let me pull up the chart here
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