Comment: It's fine to say that, but

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It's fine to say that, but

It's fine to say that, but your first post basically read (to me) as buy bitcoin because the Fed's balance sheet has exploded. Things aren't that simple. Bitcoin is going to have a hard time becoming accepted by businesses throughout the world if it keeps on seeing violent swings like it did this past day. What business in their right mind would accept bitcoin, knowing full and well that they might have to sell their bitcoins at a huge loss. In my opinion, the high amount of volatility in bitcoin is not going to do it any favors. For the foreseeable future, people are still going to be using dollars to purchase goods, so even if they are using bitcoins, the merchants are likely just to cash out of bitcoins immediately once they have received them. That doesn't sound like a recipe for success.