Comment: maybe misunderstood

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In reply to comment: If the two are "correlated" (see in situ)

maybe misunderstood

The graph is just good food for thought. The Fed's balance sheet has exploded, revealing massive underlying economic ills. And fiat currencies in general are way off what an optimal money system should be, doing an extreme disservice to the world.

This paves a massive opportunity for a new system to take at least some market share from the multi-trillion dollar international commerce space. The rates at which the two are occurring are related. Their prices will be loosely correlated on a granular basis, especially now as several forces will inject unusual volatility in the early days, but the theoretical connection is most important I think.