The Molesy Message
The Molesy Message
Marcus Moles
Inflation 101 With Sahil Bloom
4 minutes Posted Aug 12, 2020 at 11:04 pm.
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Hows it going ya beauties? Welcome back to The Molesy Message!

Quick one today. We all have heard about inflation but what does it really mean? Let’s take it back to the fundamentals.

Sahil Bloom is a must-follow on Twitter. Here is his analogy and definition of inflation:

Bitcoin fixes this with his hard-cap supply of 21 million. There will never been any more or any less. Bitcoin is the exact opposite - a deflationary asset. The holders of the currency win and not the holders of assets. Moving to a Bitcoin world would be one solution to solve wealth-inequality. But that is a rant for another day.

Inflation sucks for poor people but rocks for rich people. Bitcoin fixes this flawed system.

See you tomorrow ya beauties.

-molesy

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