What if this time is different because people actually are using Bitcoin as money…
They saved it and now need to spend it due to a shit economy.
Maybe everything is working as it should and once the money printer fires up again,
Then we rip hard as those who had to spend Bitcoin begin to save it again.
In a few years, everyone’s 50 year mortgage payments will be more than their 30 year mortgage payments are currently, and the next solution will be 100 year mortgages.
The irony is that at that point, your home will only last 20 years…with regular maintenance.
Only those who stop playing this idiotic game and opt out via Bitcoin will prosper.
The rest will keep tightening the shackles of debt around their limbs.
If anyone can print money out of thin air, then everyone should be able to print money out of thin air.
If everyone can print money out of thin air, then the best money will become the money that is printed the least.
What does that lead to?
