Bitcoin: Accounting for the Money Supply
While tracking the strict valuation of #Bitcoin against #USD is useful and what most of us look at, it may also be useful to account for the money supply, M1 and M2. Charting the #BTC’s value relative to M1 or M2 gives unique insight into how assets are valued in an inflationary environment. How do you feel about this analysis of #Bitcoin incorporating the money supply? Comment below!
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Disclaimer: This video does not contain financial advice.
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I’m a journalist who specializes in investigative reporting and writing. I have written for the New York Times and other publications.
