How will this affect Bitcoin?
A General Store was once called a nickel store. Over time, it became called a five-and-dime store (all items priced at either 5 or 10 cents). Today, it's called a dollar store. Soon, it will be called a ten dollar store. #Inflation #Bitcoin
— Cameron Winklevoss (@winklevoss) August 4, 2020
Capitalist money (gold and #Bitcoin) incentivizes savings—since scarcity drives appreciation—and mitigates market distortions.
Socialist money (fiat currency) incentivizes indebtedness, as inflation erodes real debts burdens.
Savings + Accountability - Debt = Antifragility
— Robert Breedlove (@Breedlove22) August 5, 2020