BTCBenny's avatar
BTCBenny 2 years ago
@Jeff Booth Hi Jeff, quick question for you. Once the US dollar hits hyper inflation to basically infinity, how can we measure bitcoin’s value? I’m having a hard time imagining the new system once our measuring stick is no longer a valid way of communicating value between parties. Thanks!

Replies (1)

Because you’re measuring it in US dollar prices versus the prices of everything else. For instance: my lake house 3.5 years ago was worth $1.4 million or 300 Bitcoin. Today it is ~ $2 million or 50 Bitcoin. In fiat it has gone “up”. In Bitcoin, it has gone down.