biden goverment have 2 ways to go fed printing money ways

[exstasie]

Here is a paradox - the more btc will grow in price, the cheaper the dollar will become, because due to the increasing popularity, the printer will have to work more and more. This is very bad, think about it. Look at Venezuela and say: is it good for them when BTC is worth an infinite number of bolivars or not?

I get what you're saying, but it seems disingenuous to compare a hyperinflating bolivar to a slowly inflating dollar. Apples and oranges.

I'm not convinced of the dollar doomsday theories that many gold bugs and BTC bugs are so fond of. I'm quite confident that BTC is going to the moon though. I see the two as negatively correlated, but I don't think USD devaluation is necessarily a significant causal factor for Bitcoin's rise.

I just point out that no matter how much BTC costs - if it costs 22k today and you can buy almost an entire Tesla, then in a week the dollar will catch up with such ups and you will not buy a Tesla anymore.

In a week? No.

More to the point, what you're saying applies to the dollar and not to BTC. BTC's gains blow inflation out of the water by many orders of magnitude.

Use other assets as a base pair instead of USD. BTC is rising against everything. That means it's rising in value, not just in dollars.

The real value of money is not tomorrow and not in 10 years, but today. And really the real value is that you can buy today what tomorrow will cost, in terms of return profit, as much as today. And I am very unsure that if I received 21k on BTC today, then in a year these 21k will be enough for me at least for a month. That's the point.

Maybe you should hold BTC instead of selling it for cash and sitting on it? Especially if you're so concerned about hyperinflation.

[Fortify]

Seems like a bit of a silly initial idea, they don't have to go very big or go very small, there is the whole spectrum in between. The American economy is flooded with cash at the moment, because Trump wanted to throw money to stop a possible recession caused by Covid before the election and at some point the taps will have to be turned off. Unfortunately it is very easy to print more money, but fiscal discipline and correct economic practices tend to be boring. Plus they take a lot of self restraint, which in the current world of "I want gratification and I deserve it right now" mentality is an almost impossible sell by politicians.

[Twentyonepaylots]

I don't see how this should be the case, printing more money won't make up for inflation, it actually worsens it, so I don't see why you should print more, and as far as I know Trump already printed too much money during his stay to stop recession caused by the pandemic. There is a sweet spot in the mjddle that when kept will ensure a delicate balance between the two, thst is what they should focus on.

"The Congressional Budget Office predicts that the budget deficit will be $ 3.3 trillion by the end of this fiscal year. Thus, the US budget deficit will become "the largest since 1945", equal to 16.0% of GDP. In fiscal 2019, the budget deficit was $ 984 billion."
https://tass.ru/ekonomika/9405153
The American government is spending a lot of money. The economy cannot earn that much.
Therefore, more dollars will be printed every year, which will finally undermine the credibility of this currency.
Therefore, a new question about a new world currency will soon arise.

And its not like they want yhis to happen anyway, the pandemic severely struck the country's economy and it may take a long time for it to recover, and knowing the fact that a lot of countries depend on the USD's value, this is going to cause some serious problems.

[bits4books]

Here is a paradox - the more btc will grow in price, the cheaper the dollar will become, because due to the increasing popularity, the printer will have to work more and more. This is very bad, think about it. Look at Venezuela and say: is it good for them when BTC is worth an infinite number of bolivars or not?

I get what you're saying, but it seems disingenuous to compare a hyperinflating bolivar to a slowly inflating dollar. Apples and oranges.

I'm not convinced of the dollar doomsday theories that many gold bugs and BTC bugs are so fond of. I'm quite confident that BTC is going to the moon though. I see the two as negatively correlated, but I don't think USD devaluation is necessarily a significant causal factor for Bitcoin's rise.

I just point out that no matter how much BTC costs - if it costs 22k today and you can buy almost an entire Tesla, then in a week the dollar will catch up with such ups and you will not buy a Tesla anymore.

In a week? No.

More to the point, what you're saying applies to the dollar and not to BTC. BTC's gains blow inflation out of the water by many orders of magnitude.

Use other assets as a base pair instead of USD. BTC is rising against everything. That means it's rising in value, not just in dollars.

The real value of money is not tomorrow and not in 10 years, but today. And really the real value is that you can buy today what tomorrow will cost, in terms of return profit, as much as today. And I am very unsure that if I received 21k on BTC today, then in a year these 21k will be enough for me at least for a month. That's the point.

Maybe you should hold BTC instead of selling it for cash and sitting on it? Especially if you're so concerned about hyperinflation.

But no one, including you, wants to pay with BTC and not look back at the exchange rate of fiat currencies.
Come today to any place where cryptocurrencies are accepted for payment - there will be prices in accordance with the exchange rate and not just 0.01 ETH for a cup of coffee without looking at other currencies. Is not it so? And you yourself are interested in the price of cryptocurrency in dollars and not as an equivalent of the cost of goods/services.
If BTC was not tied to the dollar, it would not cost anything and would not be needed by anyone.

[Kakmakr]

The Federal reserve is not printing money to help Bitcoin ..... they print money to stimulate a weak US economy and to get people to kick start the retail industry. They print more money and it just devalue the buying power of their Fiat currency...and this is why the investors and traders of Forex trading are turning to Crypto currencies as a better investment option. 

The general public will also see this problem and they will also slowly turn to Crypto currencies in the future... so just let them do what they do and let that benefit Bitcoin. 

[Vishnu.Reang]

The Federal reserve is not printing money to help Bitcoin ..... they print money to stimulate a weak US economy and to get people to kick start the retail industry. They print more money and it just devalue the buying power of their Fiat currency...and this is why the investors and traders of Forex trading are turning to Crypto currencies as a better investment option.  

The general public will also see this problem and they will also slowly turn to Crypto currencies in the future... so just let them do what they do and let that benefit Bitcoin.  

Despite printing so much money, the purchasing power of US Dollar has remained more or less constant. So your argument makes no sense. As long as there is no significant decline in the purchasing power, the common people are not going to bother. They are not interested in how much money is getting printed everyday. Also, the inflation rate has remained stable and the price of other commodities such as crude oil and gold have remained more or less constant.