$Bitcoin (BTC.CC)$ Michael Saylor's post strangely resonated...
$Bitcoin (BTC.CC)$ Michael Saylor's post strangely resonated. The value of ₿ is not increasing, but rather the value of $ (¥) is decreasing.
Indeed, it makes sense that in recent years, there have been talks of high inflation, simply because the value of the currency has dropped.
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J_M_RIN : Incorporating the strong USA economy and the Trump administration's policies accelerating it, the current Dollar Index indicates the rising value of the dollar against other currencies. The market has begun to factor in forecasts of higher interest rates due to the strong economy. With the USA able to withstand high interest rates, the growth of technology, the rise in the value of cryptocurrencies, and stock price increases driven by corporate earnings lead to the expansion of assets for USA citizens. This in turn contributes to robust consumption activity, paving the way for further development of the USA economy. The weakness of other currencies is believed to increase the value and demand for cryptocurrencies, especially bitcoin, as assets in many countries. It's a long text, I apologize...
ms68 : That's right.
As well as gold.
Reading Ray Dalio's work
reveals that the value of currencies is decreasing.
Like the United States, other countries are also adopting MMT and issuing government bonds. Many people are unaware that the euro, Japanese yen, and other currencies are falling, which is why the dollar is also falling.