We are now into the second phase of the Quantitative Easing (QE) experiment with money. This time round the world’s major central banks have gone with the “Go Large” mantra as they have literally doubled the available supply of money.
Bitcoin, with built in Quantitative Tightening (QT), is the antidote to monetary QT.
Bitcoin QT happens every four years. The the THIRD one just happened. All three have happened since Fiat QE was first experimented with.
This time the QT in Bitcoin matters because it reduces the inflation rate of Bitcoin to less than the inflation rate of fiat money and this means that the value of Bitcoin, as measured by money, will, from this point on, always be rising (other factors remaining constant).
