Comment Comment by danuker I don't use it for payments due to regulatory headaches. But the supply-side economics is not to ignore.It is advantageous to Bitcoin. US M2 money supply grew 8.04% in the past year [0], while Bitcoin's grew ~1.75% [1].Yes, demand has its 80% ups and downs, but each crash was to a level higher than the previous.[0] - https://ycharts.com/indicators/us_m2_money_supply_yoy[1] - https://charts.woobull.com/bitcoin-inflation/ parent danuker 4 years ago
It is advantageous to Bitcoin. US M2 money supply grew 8.04% in the past year [0], while Bitcoin's grew ~1.75% [1].
Yes, demand has its 80% ups and downs, but each crash was to a level higher than the previous.
[0] - https://ycharts.com/indicators/us_m2_money_supply_yoy
[1] - https://charts.woobull.com/bitcoin-inflation/