Appearing onstage at the Bitcoin 2024 conference, Trump also promised to “fire” SEC chair Gary Gensler, set up a crypto advisory council, and make the United States the “crypto capital of the world.”
Bitcoin prevents the arbitrary creation of new currency by a single powerful entity. I don’t know who told you that creating tons of usd can’t affect inflation, but you literally will find no economist claiming this. This isn’t in the slightest a disputed claim. It seems like you’ve come into economics through some sort of anti-crypto mindset, and now you just assume that anything you heard from a “cryptobro” must be the opposite of the truth. Just take a sec to think about how people who are always wrong have created the 9th most valuable asset in the history of the world. Maybe your armchair hunches may need an adjustment.
Bitcoin prevents the arbitrary creation of new currency by a single powerful entity. I don’t know who told you that creating tons of usd can’t affect inflation, but you literally will find no economist claiming this. This isn’t in the slightest a disputed claim. It seems like you’ve come into economics through some sort of anti-crypto mindset, and now you just assume that anything you heard from a “cryptobro” must be the opposite of the truth. Just take a sec to think about how people who are always wrong have created the 9th most valuable asset in the history of the world. Maybe your armchair hunches may need an adjustment.
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