[soyiuz]

Serious question: the burn off in crypto should theoretically help with fiat inflation, correct? The Fed prints, and crypto evaporates.

[MrMan]

any risk assets losing a ton of value would minimize the wealth effect but a lot of crypto holders were hoarding their coins and not spending so maybe not that much

[MrMan]

also its not that much actual cash that went into the crypto hole as the M2M valuation