Mitch Klee

Blog Info Bitcoin Magazine
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Stats Has written 2 posts about cryptocurrency

Apr 21 2021

Bitcoin And The Changing Definition Of CPI

Apr 21 2021 Published at Bitcoin Magazine under tags  inflation markets monetary policy

The constant adjustments to the measuring stick of inflation mislead and confuse those looking for a sound store of value.Below is the definition of the Consumer Price Index (CPI) by the U.S. Bureau of Labor Statistics:“The CPI represents changes in prices of all goods and services purchased for consumption by urban households. User fees (such as water and sewer service) and...

Apr 12 2021

Bitcoin As A Pressure Release Valve

Apr 12 2021 Published at Bitcoin Magazine under tags  culture foreign currency inflation

As currencies inflate in value, Bitcoin serves as a pressure relief valve, allowing capital to escape.As small-cap currencies inflate, Bitcoin gains adoption.Bitcoin is the first fully sovereign digital currency. This means that anyone in the world with an internet connection and a computer can download the protocol and start running it. Maybe they want to invest in the technology, maybe they...

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