Is there proof of this? I'm curious if there are actually any links of random people looking for investments in crypto due to other market conditions or if its just speculation at this point.
A few Bitcoin supporters in my Twitter feed are making anecdotal claims like that. "I just got a call my high school friend, father, etc. They are looking to buy BTC because money printing!"
Like:
https://twitter.com/LizRabban/status/1244783207977017349https://twitter.com/heavilyarmedc/status/1246262416956063746I take such claims with a
very large grain of salt. I assume they are exaggerated if not completely untrue. These are people who have spent years promoting Bitcoin and predicting fiat collapse.
For many years I have been known as "the Bitcoin guy" in my family and social circles. I haven't heard a single peep from anyone I know. I also can't imagine nocoiners looking the current BTC chart and wanting much to do with it.