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RE: [Opinion] The Weaknesses of Digital Money and What's Next

in #money7 years ago

The small rate hikes wont keep traditional assets attractive and anyone who is investing in crypto knows that decentralization will win out. Look at what has consistently happened to the dollar in any rate situation since 1913 ..... can we say lost all of its 1913 buying power by 97%

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In 1901, the money supply was just $7 billion. You could buy a pair of shoes with $1. Today there are literally 1,900X more dollars in existence and it's tripling pretty much every other decade since the 60s