Hello all, This graph was talked about in a YT video (in french) that stunned me, and I really feel there’s something not proper right here however I don't actually perceive it, nor perceive what the capitalisation of USD deposit actually is. The video claims that each one the hype of preservation of worth by Bitcoin to flee the deflationary fiat is invalid. The man makes use of this graph as an instance that the worth of USD and gold are all monitoring the worth of power (oil), due to this fact the idea of Bitcoin and proof of labor being a retailer of worth (a proxi for power) shouldn’t be essential. Are you able to make sense out of it? Thanks! submitted by /u/coconutforall |