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Bitcoin will benefit from the money printing too
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@jondoe
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1 min read
We all know stocks go up when money is printed, but bitcoin will as well
We saw what happened the last time QE ran rampant.
Equities went up 6 fold over the course of a decade or so.
Well, now we have even more QE and we can see that bitcoin is very correlated with stocks:
(Source: https://twitter.com/100trillionUSD/status/1274664455817826306/photo/1)
Which means, what's good for stocks will also be good for bitcoin.
Stocks double and bitcoin goes up 10x.
I'm not sure on the exact numbers, but it's something like that.
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