How much value has the dollar lost since 1971?
Against the Swiss Franc which is also a fiat shitcoin, the USD fell 84% from 1971 to 2011 (40 years).
Just by looking at how much it fell compared to Gold from 1975 to 2011, the USD lost 94% of its value. (1/XAUUSD = USDXAU)
The same and worse holds for most fiat shitcoins right now.
As for Bitcoin and USD, Bitcoin came into life when the USD restarted its uptrend after having lost a lot of its value against most other fiat currencies. There isn't a significant correlation we can spot between the two, even though over the last 2 years there seems to be more of a negative correlation.
Even if the US gets stronger against other fiat currencies, most central banks are going to print so much that even if the Dollar gets stronger, Gold and Bitcoin could keep appreciating against the dollar and other fiat currencies.
Just by looking at how much it fell compared to Gold from 1975 to 2011, the USD lost 94% of its value. (1/XAUUSD = USDXAU)
The same and worse holds for most fiat shitcoins right now.
As for Bitcoin and USD, Bitcoin came into life when the USD restarted its uptrend after having lost a lot of its value against most other fiat currencies. There isn't a significant correlation we can spot between the two, even though over the last 2 years there seems to be more of a negative correlation.
Even if the US gets stronger against other fiat currencies, most central banks are going to print so much that even if the Dollar gets stronger, Gold and Bitcoin could keep appreciating against the dollar and other fiat currencies.
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