This is the correct Groq question:
What’s better for a society: a 400% rise in Bitcoin or a 400% increase in money supply?
To evaluate which scenario is more beneficial to a society—everyone holding 100% of their savings in Bitcoin with a 400% price increase, versus everyone twitter.com/grok/status/192383...
- **Economic effects**:
- **Pros**: Increased money supply could stimulate spending or investment initially, especially if injected via government spending or loans. Debtors (including governments) benefit from reduced real debt burdens.
- **Cons**: Hyperinflation risk. A
Conversely, a 400% fiat money supply increase erodes purchasing power through inflation, punishes savers, benefits debtors, and risks economic collapse. The Bitcoin scenario fosters confidence and wealth preservation, while the fiat scenario undermines both, making the former
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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