RE: Cryptocurrency: The Lesson From The DotCom Era

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I think NFTs are in a bubble - some real rubbish is being sold as NFT 'art' and at some point people will wake up and think, did I really pay money for that?

But bitcoin isn't in a bubble, it's rise is a natural response to inflation.

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And what happens when inflation falls?

Does Bitcoin crash then?

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Well bitcoin did crash in 2018/19 and that period was characterised by a low oil price and low inflation. So inflation definitely influences the bitcoin price.

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