Topic: Bitcoin can create inflation? (Read 182 times)
Bitcoin can not cause inflation in the country. This is a feature of the crypto currency. Inflation occurs when many unconfirmed paper money is printed. In the situation with the crypto currency, the picture is different. If in the market there is too much supply in the crypto currency, it falls in value and no inflation. It is written on paper money on what value this piece of paper should all accept for payment, which provokes inflation if such bills are presented for payment too much, and the crypto currency simply depreciates without causing any inflation.
can not. Bitcoin can not be inflation. It's not money. The quantity of bitcoin is limited. It does not create inflation. You have to find out. What is inflation?
We know that Bitcoin can earn a lot of money by investing money like ordinary currency, but there is a lot of profit in investment in Bitcoin. But can it be the inflation in the country? That's why Chin Bitcoin banned?
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