You expect fiscal conservatism from world governments? With the us at over 100% debt to GDP? Japan over 250?
And with multipolarity and at least continued economic warfare?
I don't see how you can believe Fiat printing won't be exponential
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No I just don’t expect bitcoin to go up 129,000,000% in the next 20 years 😂 or Bitcoin to be the sole beneficiary of said printing.
hopium quit smoking it
It won't be the sole beneficiary just the largest.
Let me weaken the argument a bit. I believe the diminishing Fiat returns will be false. There will be too much printing for that to be the case.
Though I do have a greater than 30% or odds that the dollar as it is dies in the next 20 years so 129m% returns may be tame