Inflation is increasing?

>Inflation is increasing?
>Time to sell all my crypto YEEEHAAAWW

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if things cost more money you need more money to buy them

>I need to pay 8% more?
>better sell 90% of my crypto holdings!

Ain’t u poorfags ran out of crypto by now?

the average crypto investor cant afford an 8% increase in their cost of living without needing to access all their savings or gambling funds. and inflation is far higher than 8% when you count food and gas and rent.

What about stock holders?

Do crypto niggers understand that inflation is also eating away how much crypto is worth?

This place is full of dumb people, holly shit, crypto is only immune to inflation if used as a currency. No crypto is used as a currency anywhere in the world (you need a whole special spectrum of retardation if you believe that people are buying toilet paper in El Salvador, paying 50 dollars for transaction fee and waiting 6 hours to compensate to wipe their ass holes). If you paid 60k for crypto 2 years ago, you are not down 50%. You are down 60% BECAUSE INFLATION. You are using dollars you dumb fuck.

This place is filled with economical illiterate, holly shit.

calm down and read the OP again

>No crypto is used as a currency anywhere in the world
Ahm
And its also the best store o value

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Incoming ubi, because most lemmings are too weak to demand raises or swap jobs d/t intentionally bad public School d/t communist long march thru institutions.

And retarded capitalists to stupid to see the reds are doing this on purpose to prove to the masses that you have no foresight and will always wait until you're forced to let pay catch up to inflation.

You pay in either case the only difference is one your paying ubi to retards you have to pay more than that to attract any workers at all.
So you will be subsidizing ubi and also competing against it.

Rug the commies or you will regret it. If the workers have nothing to complain about reds can't force ubi.

OP is butt hurt because he don't know how to cut losses.
His chimp brain told him to HOLD because he saw a meme, and believed that what happen during the pandemic crypto boom will keep happening over and over again.
But as people slowly take away their funds from crypto in an attempt to mitigate their loses, he refuse to acknowledge that his meme tech will be worthless. And instead of blaming himself for being a poor investor, blame others.

No, OP is simply pointing out that it's retarded to sell everything you have for fiat when you hear that fiat is devaluing.

YOU DUMB FUCK
Bitcoin is priced on fiat. You buy and sell it for dollars. The difference is that you can use "fake fiat money" to buy something that will hold it's value during the inflation. What can you buy with bitcoin? CP at best.

Bitcoin is not inflationary you dumb shit. The inflation of currencies doesn't directly affect what you compare to them. The fall in value of btc and such are due to the popping of a speculative bubble when nearly free debt got a little more expensive.

>Bitcoin is priced on fiat. You buy and sell it for dollars
Yes.
So when fiat goes down in value, the last thing you should do is "buy" fiat.

>buying cp with bitcoin
lmao I hope people actually do this. Easiest bust ever.
But really, you can buy a ton of shit with cryoto directly these days, and sometime doing so comes with a discount because it cuts a lot of middlemen out.

>Bitcoin is not inflationary
Yes it is because you buy and sell using dollars.
>pay 30k USD for it today
>next month sell for 30k USD, but inflation was 2%, so you lose 600 bucks

That's like saying gold is inflationary because it's bought and sold in dollars. you're fucking retarded user

But it is.
If gold is not used as a currency, and instead as a commodity, it will be subjected to inflation.

Please, print this page and ask your parents to go to the gov, show it, and ask a total refund on all the taxes wasted on education, BECAUSE YOU LEARN SHIT.

Least smart Any Forums poster, literally doesn't understand how inflation works.

>Bitcoin is inflationary because you buy and sell using dollars

You have no idea what inflation is lmao

>ignores that monero is used and not inflationary therefore a superior story of value

>What about stock holders?
Stock holders get fucked in the short term (see S&P 500) and get rewarded after they survived that. I.e. after wages increased stocks and dividends will also increase.

So did stocks also crash because people needed more money for groceries?

>You have no idea what inflation is lmao
From the fucking dict.
Inflation is a decrease in the purchasing power of money, reflected in a general increase in the prices of goods and services in an economy.

What exactly you think inflation is?

That's not how it works. The valuation of btc is irrespective of the valuation of dollars. You do lose money in that situation but it's not because of inflation, it's because btc is actually valued lower when you sold, but USD is valued less too, so the number is the same the USD lost value due to inflation, but btc is deflationary so that's not where its value was lost. Btc loses value to speculative price discovery alone.
You now have 4 anons trying to explain this shit to you. You are wrong. Read a book, nigger.

>still ignores

Yes user, and as each dollar decreases in value, how do you think this impacts the price of things against the dollar? You can do it user, get that single brain cell to work.

>The valuation of btc is irrespective of the valuation of dollars.
All exchanges disagree.
Let's say you want to buy a car.
The car you want cost 50k.
But due inflation, the price was elevated to 75k. Can you buy the same car for 50k worth in Monero?

Also this is not true aswell, most of the world is not trading with dollars

Ya, except literally nobody prices goods and services in BTC, that's what fiat is for.

>most of the world is not trading with dollars
Yes it is. At less for now.
>how do you think this impacts the price of things against the dollar?
The prices increase.
Has bitcoin value increased in the last year?

>Let's say you want to buy a car.
>The car you want cost 50k.
>But due inflation, the price was elevated to 75k. Can you buy the same car for 50k worth in Monero?
Yes, monero is a used currency with close to 0 real inflation. So when goods get more expensive its curbs up of the demand of XMR making XMR inflation resistent.
Then factor in the rising adoption and you can see XMR will go up in this environment

>Has bitcoin value increased in the last year?
lel by your logic every single time BTC dumps, it's "inflation".

lmao, 90iq

>All exchanges disagree.
???
What a non sequitur, and not even true. Exchanges pair coins against each other and against a variety of currencies.

Let me ask you something.
How much meth did you buy using Monero this week? Have you smoked it all by now?

Can you stay on topic, retard. You cannot refute my argument it seems

BTC/fiat i mean
Its not done throught the dollar its from local currency to btc.
And if its done with the dollar aka euro dollar bitcoin
then its just like uniswap rootes you a weird way and does not impact the dollar and is influenced by the dolla r

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