>>60611591Nah. Bitcoin adoption is happening whether there's a deficit or not. I want the dollar to be reasonably stable so that my BTC's actual buying power increases over time.
If you look at
https://farside.co.uk/btc
in the last two days, ETF inflows resulted in the purchase of over 10,000 (Thursday) and over 8,750 BTC (Friday). There are roughly 450 BTC of new supply mined daily. At the current average inflow rate of dollars, BTC will hit $300,000 per unit just to stabilize against the ETF inflows. And these figures don't include the "corporate treasury" companies that are buying even more.
It's just a matter of time now. Slow and steady means that there won't be a parabolic blowoff and a subsequent crash. Dollar devaluation erodes your purchasing power if BTC is measured in dollars, so a stable dollar with "2% inflation" (hah) is also for the best.