“Why do these silly #Bitcoin maximalists keep saying the Federal Reserve prints money??”

What’s the correlation between amount of reserves (money Fed prints) and CPI going back to 1913? If the argument is Fed money printing = loss of value in the dollar the correlation should be very strong.

@bitcoin_clown BUT it’s BACKED by MUH aircraft CARRIERS!

@w_s_bitcoin opt-out #bitcoin

bitcoin is HOPE

Commercial banks play a pivotal role in the creation of the majority of the money supply, with central banks stepping in to provide bailouts. However, commercial banks are primarily responsible for the generation of the majority of the currency in circulation.

They believe that Bitcoin's decentralized nature is a better alternative to centralized systems like the Federal Reserve.