The people desire to dampen economic volatility through regulating markets and money. That is the primary purpose of a government.

Invariably all governments, regardless of which theory on governance guides them, always debase their money supply in the search of a teleportation device to a post-scarcity society. Achieving post-scarcity will not result from clever ways of printing money, but will require a deeper understanding of the physical universe and an ability to manipulate this construct to our advantage. However, a politician can't wait decades or centuries to achieve a scientific revolution. And thus, the people’s palliative cure for a volatile and uncertain universe is always to print more money.

Listen to our monetary masters in Washington and Beijing. They clearly state that money shall be cheaper and more plentiful. Therefore, Bitcoin continues to rise in anticipation of this highly probable future. The king is dead, long live the king!