6 ms·

Jack has a vested interest in hyperinflation through Square and his investment in Bitcoin

• JanisL 5y ago
  Only people who don't understand the wealth destroying affects of hyperinflation will actually cheer for it.
• nickff 5y ago
  >"Jack has a vested interest in hyperinflation through Square and his investment in Bitcoin" How would Square benefit from hyperinflation?
  • adamnemecek 5y ago
    The bitcoin.
• jon37 5y ago
  he also has a vested interest in the fear of hyperinflation.
• gota 5y ago
  Maybe he does think that his life as a wealthy person is going to improve in any way with hyperinflation. I'd disagree completely. In fact, I think hyperinflation in the U.S. could likely stir up wars that (as we've imagined since the cold war) could very well break the world. Of course I know nothing of value about this, but chaos followed by violence and escalating into full blown war sounds possible. Or at the very least more possible than now, with a stable structure of power(s) that only shift gradually. I don't think crypto coins are useful if the world order dissolves and we have trouble keeping up eletric grids, much less a working internet.