So, now that we’ve agreed that 2% is an arbitrary inflation target, can we agree that 0% is better? Pretty please. Asking for a friend.
Joe Kernan and Mohamed El-Erian have a spicy exchange. “ The difference between 2% and 3% percent [inflation] compounded is devastating, and for you to just blow it off.” “You better buy #Bitcoin, Mohamed.”
Here’s a quick (3-minute) video on how Bitcoin works.
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If you haven’t read any books about Bitcoin, we recommend The Little Bitcoin Book – https://a.co/d/08O4jwP9 – At only 99 pages, it’s a quick and helpful read.
https://www.linkedin.com/posts/jasonweed_if-you-havent-read-any-books-about-bitcoin-ugcPost-7427023264721465344-Dwd6?utm_source=share&utm_medium=member_desktop&rcm=ACoAAALDW6EBxX9gfPpNXLohpzgrZ6QndXsOHAE/
Bitcoin food for thought…
Last cycle, it took 72 days to get from the peak to the bull run 50%.
This cycle it’s taken 122 days from the peak to 50%.
Just something to think about./
