Bitcoin Versus USD$ -only one of these are depreciating
You can't hide the fact (despite the Central Bankers doing their very best to hide it) that we have a depreciating US Dollar scenario that is possibly setting up as a much longer term trend -- question is:
How many Bitcoins $BTC would $100,000 USD purchase, Aug 2010 through Dec 2017
Now let's look at BITCOIN growth versus the famous (infamous) Weimar Inflation period -1918 to 1923 compared to the same Bitcoin period from the above chart:
So you could say 100,000x depreciation occurred Aug 2010 - Dec 2017, but we may have at least 10,000,000x's more depreciation to go!
Depends on how pro-J Powell Fed Chair you are I guess.....interesting to compare.