Tim Knowles
Jan 20, 2025

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No, fiat (U.S. dollars) is not like a seesaw, it almost never goes up. The rate at which it goes down does vary but it is almost always going down, like for a century it has not gone up. You might not like it but it is the world's benchmark, the store of value and medium of exchange that all others are measured against. It is only natural that people would measure Bitcoin against the dollar otherwise a Bitcoin is just a Bitcoin is a Bitcoin. That is not very meaningful.

TEK

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Tim Knowles
Tim Knowles

Written by Tim Knowles

Worked in our nations space programs for more than 40 years

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