RATE Group | Bloomberg Admits ‘Money Is Losing Its Meaning’ — But Doesn’t Mention Bitcoin [Opinion]
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Bloomberg Admits ‘Money Is Losing Its Meaning’ — But Doesn’t Mention Bitcoin [Opinion]

18 Apr Bloomberg Admits ‘Money Is Losing Its Meaning’ — But Doesn’t Mention Bitcoin [Opinion]

Posted at 08:32h in Bitcoin News by

A recent opinion piece in Bloomberg argues that money is losing its meaning. However, the article makes no mention of the elephant in the room — Bitcoin

Many are beginning to feel a bit uneasy about money these days. Given that the Federal Reserve is printing currency in record amounts, it all feels a bit unhinged. In February 2020, BeInCrypto reported that the money supply had doubled since 2008 — a figure that is now remarkably outdated.

Even mainstream news outlets are now admitting that the unrelenting money-printing may be going a bit too far.

Is Money ‘Losing Its Meaning?’

A recent Bloomberg opinion piece asks a provocative question: Are we losing what the meaning of money should be all about? [Bloomberg]

Of course, for those of us in the pro-cryptocurrency camps, this is not a provocative question at all, and it mimics what many have been saying for some time.

Bitcoin began as an experiment. It was an alternative to the runaway fiat systems…

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