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69 sats \ 1 reply \ @kr 3 Jan 2023 \ on: Money-Supply Growth Turns Negative For First Time In 33 Years bitcoin
It’s amazing how much fiat financial system damage has occurred over the last 12 months leading up to this moment.
And that’s all just to get back to a net-zero new money printing system, not even considering unwinding all the money that has already been printed.
The fiat financial system isn’t designed for this kind of austerity, at least not for prolonged periods of time.
Will be interesting to see how long this lasts, I suspect the fiat money printers will need to come back online soon.
It is single handedly the best attack against Bitcoin after propaganda.
It just also happens to be the best attack against every other asset too.
Bitcoin will always will.
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