In the past hundred years, the US dollar, as the world's strongest reserve currency, has depreciated by 99% relative to gold.
The reason is that government debts in various countries are snowballing, leading to continuous over-issuance of currency.
The programming of Bitcoin limits its final quantity to 21 million coins, which will never be over-issued.
Fiat currency depreciation pushes up Bitcoin prices; the rise in Bitcoin prices leads to increased demand; increased demand further pushes up Bitcoin prices.
Only if fiat currency stops depreciating can this doubling trend possibly come to a halt.
But will fiat currency stop depreciating? #比特币国家战略储备 #美国大选前行情观察 #比特币盘整将持续多久？
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