As political appointees steer monetary policy and expand the money supply, investors are turning to non-political hedges like Bitcoin, seeking protection from partisan risk and inflation.
In the realm of economics, the concept of “fiat has no bottom” is gaining prominence. Fiat currencies, backed solely by government decree without intrinsic value, can be endlessly debased through excessive money printing. As purchasing power plummets and inflation soars, Bitcoin emerges as a haven.
Untethered to traditional monetary systems, Bitcoin possesses a finite supply capped at 21 million. As fiat loses its worth, Bitcoin’s inherent scarcity becomes a beacon of stability. Its value is not subject to the whims of central banks or excessive government spending, making it a hedge against monetary debasement.