Well today the US debt hit an All time high of $32 Trillion. Considering that the US passed a bill to increase debt ceiling we can expect this number to increase even more in the coming weeks and months.
Considering the facts above there is going to be more and more fiat money in the decades coming but it's value is going to be lower and lower. Fed rate hikes are just temporary slow down of this whole proces which can not and won't be stopped.
On the other hand there is only going to be 21 million BTC ever made. So technically speaking BTC is the superior asset and should only increase in price considering the fundamentals above.
I know we are all here since we believe in bitcoin and crypto in general but I am also interested what is your opinion on this?
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