suggesting that this is not exactly what has happened with BTC. For more BTC to enter the market they have to be digitally mined, and that takes time, the market cannot be flooded with newly created BTC over night.
What is happening with BTC is a bubble, and a correction in regards to that bubble. Bubbles are different than inflation, this bubble was not created by an increase of BTC volume,(inflation) but an increase in BTC demand, two complementary different things.
“When a well-packaged web of lies has been sold gradually to the masses over generations, the truth will seem utterly preposterous and its speaker a raving lunatic.” – Dresden James
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