Saturday, March 28, 2020

ELI5 how QE is bullish for Bitcoin

Learning about Bitcoin and on the fence about buying some. I hear people say QE is bullish for Bitcoin because it will lead to inflation, but if the Fed "prints" a floppity-jillion dollars, that doesn't necessarily increase the money supply by that amount. They're printing money to offset credit/money destroyed by this deflationary event. Intrigued by Bitcoin but would like some help thinking through this.


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