The loonie is still falling against BTC
How can anyone ignore these kinds of trends?
https://www.xe.com/currencycharts/?from=CAD&to=XBT&view=2Y
M1 in USD has increased fivefold since I was in College.
https://fred.stlouisfed.org/series/M1
A similar increase in Canada has occurred.
Between July and August alone the M1 supply increased by $54,814,000,000 (CAD)
https://tradingeconomics.com/canada/money-supply-m1
The Bitcoin supply has been increasing too, but will eventually stop.
https://www.blockchain.com/charts/total-bitcoins
Transaction volume is averaging between 1 and 3 billion USD worth per day.
https://www.blockchain.com/charts/estimated-transaction-volume-usd
The Next Halving: May 27 2024
Just 1306 days approximately until the Block reward halves again, this time from 900 BTC per day ($68,213.04 USD per block) to 450 BTC per day (price point unknown). Where will Bitcoin go?
Well I know where my Loonie has gone, down -0.993% to absolute worthless level nonsense.
Can you clarify what you mean by M1?
Here is an example
https://www.google.com/amp/s/economicobjectorvism.wordpress.com/2007/09/13/central-banks-digging-trenches-part-2/amp/
Awesome. Thanks for the reply.