What you're not hearing about Bitcoin, Tesla and the risk of hyperinflation
Wednesday, May 19, 2021
The skyrocketing price of Model S shows the peril to monetary stability.
Update to Strategic View
A Tesla -- and everything else -- has inflated catastrophically when priced in Bitcoin, the value of which has declined dramatically over the last month. This shows the fundamental flaw of Bitcoin as money: it is very much not a stable unit of account.