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The Fed Can No Longer Purposely Crash The Economy by Raising Interest Rates. If Everyone In The US Buys Bitcoin, So Much Wealth Will Be Created. The Fed Is No Longer in Control

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So, inflation is running rampant because there is too much cash in the system. One of the major tools The Fed uses to control inflation is to raise interest rates. This makes borrowing much, much more difficult as interest rates rise. The Fed also tries to crash houses prices by raising interest rates. Right now their attempts are futile because people are not selling, and housing prices continue to rise. People are just too smart, don't want to work, and just feel it is worthless to continue working in a rigged system. No one will be able to afford houses and forced to rent, which will then cause rent prices to go up and the cycle continues. Some people won't even rent, will move into mobile homes, cars, and live life on a plot of land away from major cities.

While the Fed is trying to contract the economy, the price of bitcoin will rise and generate new wealth. The marketcap of bitcoin is currently $664B. If the price of bitcoin doubles the marketcap is 1.3T. If the price of bitcoin 4x (~$136,000) then it's a 2.6T marketcap.

The GDP of the US is 23T. A price of $136,000 would put the marketcap of bitcoin at 10% of GDP%! Bitcoin could easily produce more wealth faster than any industry. The Fed is no longer in control of the economy, and the future belongs to bitcoiners.

submitted by /u/baronofbitcoin
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