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Crypto: Then They Fight You, Ep 356 Paul Quickenden

NZ Everyday Investor

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The Inflation of Bitcoin

April is forecast to be the time when mining rewards go from 6.25 to 3.125 per block. And so if you think about classic economics, supply and demand, that just means they're on a day by day basis. So there's less new Bitcoin coming into the market. Supply goes down. I was trying to explain inflation really, really simply the other way. The asset itself isn't actually changing in value. If you strip out all the quantitative easing, price of gold hasn't moved. Equities haven't moved. Bitcoin and tech stocks have moved. But it's more about the fact that they're just, you know, every dollar is worth 90 cents now is worth

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