The fantastic four of the Bitcoin community came together on Twitter, arguing Bitcoin’s anti-inflationary characteristics. Cathie Wood’s latest Twitter thread highlighted the inflation flare-up since the beginning of the pandemic. However, Woods claimed that AI, energy storage (EVs!), robotics, genomic sequencing, and blockchain technology will become anti-inflationary agents and bend the curve. Her Twitter thread received exceptional traction with replies and extended threads from Elon Musk, Jack Dorsey, and Michael Saylor.
“Inflation has flared in response to COVID-related supply chain bottlenecks and oil supply constraints but, IMHO, the powerful and converging deflationary forces associated with AI, energy storage (EVs!), robotics, genomic sequencing, and blockchain technology will bend the curve.”, tweeted Cathie Wood.
Inflation is a vector, and it is clearly evident in an array of products, services, & assets not currently measured by CPI or PCE. #Bitcoin is the most practical solution for a consumer, investor, or corporation seeking inflation protection over the long term.
— Michael Saylor⚡️ (@saylor) October 26, 2021
While Musk and Dorsey reinstated the ongoing issue of inflation, Saylor emphasized Bitcoin as a potent
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