Bitcoin: optimal protection against inflation and SEC arbitrariness

Bitcoin: optimal protection against inflation and SEC arbitrarinessMichael Saylor considers assets involving BTC a revolutionary way to preserve wealth and ensure capital against inflation and political risks.The founder of MicroStrategy constantly shocks the public with the formulations of classical concepts. In his view, consumer inflation is the amount of money a person needs to remain poor and live below the statistical middle class, while asset inflation is the rate of wealth creation that allows capital to be preserved.In any case, inflation is a vector of active decline in the quality of life in many aspects.US asset inflation has remained at 7-8% for about 100 years, while consumer inflation has been around 2% over the same period.The rate of asset inflation outside the US, especially in weaker countries, often doubles to about 14% per year. These numbers have skyrocketed since the COVID-19 pandemic, causing the prices of many scarce and traded assets to rise faster than 2% and the money supply to increase by 40% or more in just a couple of years.If we compare the rate of depreciation of fiat money with the dynamics of inflation, then there is a persistent risk of losing savings in traditional currencies. For example, over the last 100 years, US dollar funds would have lost about 99% of their value.Saylor believes that Bitcoin eliminates these risks thanks to the latest technology and a limited supply of 21 million coins. So classic crypto (not the latest tokens!) is a great option to save your reserves.Now any negativity on the topic of ETF approval creates the risk of accelerating the outflow of funds in the cryptocurrency market. I wonder if BTC and Ethereum will be able to reverse the downward trend if the SEC does allow BTC EFT spot orders for trading?Profits to yall!#ForexChief #btc #fed #forexnews #stocks #worldnews #Market #bitcoin #etf