#QH3. Quantitative Hardening 3. 🐐
Adam Back (@adam3us) | |
bitcoin halving is “quantitative-hardening”
fiat undergoing lots of politically driven quantitative easing. bitcoin supply algorithm starts quantitative hardening next month. (â¦â€ª@pwuille‬⩠quantitative hardening pun in bitcoincorrr rebrand joke. I like quantitative hardening!) |
Quantitative Easing is a euphemism for printing more money. Bitcoin halving is “quantitative-hardening”. The mining reward is halved.
fiat undergoing lots of politically driven quantitative easing. This is where the Fed puts more money into circulation. The Cantillion Effect is where rich people see the money first and benefit
bitcoin supply algorithm starts quantitative hardening next month.