>>12266500>BTC beats Fiat.Not really. Fiat probably isn't going away as a means of transaction. It's cheaper and more efficient to use than something like BTC. Which is why the new narrative is that it's now a store of value, which doesn't make sense either because it has no intrinsic value like gold that is used for jewelry and manufacturing. Along with a 5000 year history of being a store of value. The only "value" BTC has is scarcity, which of course isn't worth anything on its own.
>>12266501The more money the fed prints to buy those 30 year bonds, the more inflation we will have. Which means it's only going to 0 if they buy all of them, because noone else is going to want to own a 30 year bond with 0 yield when inflation is high. And even worse inflation would destroy the rest of the market even more. The higher inflations goes the more trouble businesses will be in when they have to start paying 10%+ interest on their debt. And the huge housing market bubble will come crashing down like nothing you have ever seen before if a 30 year loan goes up to 10%, which alone will be disastrous.
