Hello Sat Stacker,

In a world where governments casually print trillions of dollars at will, it’s easy to get caught up in the idea that Bitcoin’s price is skyrocketing. Headlines shout about Bitcoin hitting new all-time highs, measured against fiat currencies. But let’s take a step back and rethink what’s really happening.

It doesn’t matter if the existing financial system prints $2 trillion, $8 trillion, or even $50 trillion. Measuring Bitcoin against fiat is like measuring wealth with a ruler that stretches to infinity. The comparison is meaningless because fiat is a moving target, constantly devalued by inflation and monetary expansion.

What we’re witnessing is not Bitcoin going up in value but fiat currencies losing their purchasing power. Bitcoin’s supply is capped at 21 million coins, making it the hardest form of money ever created. In contrast, fiat currencies are infinite, printed to oblivion by central banks to prop up economies and bail out failing systems.

Measured against this ever-depreciating piece of paper, Bitcoin’s “price” will continue to rise, but that’s just a reflection of fiat’s decline. The truth is that all prices relative to Bitcoin are going down and will continue to do so forever.