you made a quick profit in dollars......where 40% that's in circulation was printed in the past year alone. meanwhile doge (and all assets) continue to trend down compared in BTC value
Of that 40%, if most of it goes into paying down black-book debt, buying the bonds of companies that eventually founder, with a dribble going into the "inflation sinks" of crypto, prices of most real-world goods aren't necessarily going to rocket.
Sure. But before inflation catches up I can spend in assets. I have 4000 roumds of well stored ammo, got some silver on the way, considering buying food from like mypatriotsupply or a similar one that can hold 25 years, etc.
i think you're missing the point.
https://www.tradingview.com/x/QF7MrKmT/
you made a quick profit in dollars......where 40% that's in circulation was printed in the past year alone. meanwhile doge (and all assets) continue to trend down compared in BTC value
Of that 40%, if most of it goes into paying down black-book debt, buying the bonds of companies that eventually founder, with a dribble going into the "inflation sinks" of crypto, prices of most real-world goods aren't necessarily going to rocket.
Sure. But before inflation catches up I can spend in assets. I have 4000 roumds of well stored ammo, got some silver on the way, considering buying food from like mypatriotsupply or a similar one that can hold 25 years, etc.
You go ahead and do that while all assets lose value against BTC.
I, on the other hand am taking dollar loans from my bitcoin collateral to purchase any assets I may need.
I have a bunch in BTC as well.