What Fidelity were discussing was bitcoin token supply inflation - nothing else.Over 13 years in gentile speak there has been unprecedented btc deflation - 2 pizza worth $41 cost then btc10k. btc10k is now worth $268,720,407. But in Bitcoin World there has been massive inflation, supply up from 2.15m to 19.45m.
If you want to talk about bitcoin's buying power, it's gone up significantly over those 13+ years but that's a separate line item by comparison with a consideration of bitcoin token supply inflation.
It was the recent reference by Fidelity that triggered my current posts.
Triggered you into opening up the very same discussion that was had about two years ago, yes.
Incorrect. Fidelity discuss bitcoin token supply inflation. You want to conflate it with consumer price inflation. You want everyone to believe that bitcoin proponents are conflating it with consumer price inflation when they're doing no such thing - and never have.Fidelity holds our hands through the mystery of bitcoin duality but then talks about inflation without spelling out that it means that term as it is understood in Bitcoin World.