Inflations Won't Make Bitcoin Moon; Bailouts Will

Inflations Won’t Make Bitcoin Moon; Bailouts Will

According to social media, Coronavirus-related money-printing will send bitcoin’s price to the moon. “BRRRR” go the machines, they say. The BRRRR meme is strong, but this financial panic will take a while to play out, with uncertain consequences for all of us. I would not bet on inflation, though we may get it.