Topic: Bitcoin the inflation killer :-> - page 2. (Read 717 times)
I think bitcoin has not fulfilled the criteria as an inflation killer because the price of bitcoin has not been stable until now, the only thing that can kill inflations is gold because its value has never decreased.
That is true because, again, you have the forethought of investing in crypto currency when it was just 400 USD. Now you're realin the rewards for such a move. But i think the market is affecting even crypto currency. But then again, I'd think technologies are placed so that these shouldn't happen to us again.
if the market is like last year, of course this will kill inflation, but now the price is undergoing a long correction, so many are experiencing a decline in assets, and many are frustrated at this time
bitcoin the killer of inflation, the nickname is now incompatible with bitcoin which is increasingly falling and may die in the near future.
Sure it can be but lot of people don't have enough patience to wait to beat that inflation through their profits they will just buy and sell at the wrong time which results in the huge loss among many new traders who invested at this bear run.I am not seeing bitcoin as an inflation killer tool but if people can make their moves at their right time they can be as well.
Exactly, bitcoin can only be an inflation killer only if they adopted this technology and stay in this market with a lot of patience. The investors are being impatient maybe because of the first impression they have with regards to cryptocurrency, they think this market is the easiest way to make money. Some countries are really experiencing a huge rate of inflation, and right now Venezuela is suffering from the so called hyper inflation. Maybe bitcoin can't kill that one literally but if Venezuela continues to support cryptocurrency, positively they can survive on that crisis.
Cryptocurrency is one call a way to help one economy, and if every country will adopt this technology we can expect a less inflation with a great economy. Time will come for this, let's all have more patience and enjoy this red market!
That is true because, again, you have the forethought of investing in crypto currency when it was just 400 USD. Now you're realin the rewards for such a move. But i think the market is affecting even crypto currency. But then again, I'd think technologies are placed so that these shouldn't happen to us again.
if the market is like last year, of course this will kill inflation, but now the price is undergoing a long correction, so many are experiencing a decline in assets, and many are frustrated at this time 
That is true because, again, you have the forethought of investing in crypto currency when it was just 400 USD. Now you're realin the rewards for such a move. But i think the market is affecting even crypto currency. But then again, I'd think technologies are placed so that these shouldn't happen to us again.
yes, because bitcoin is not affected by the state of the world economy, and bitcoin also has the same exchange rate globally so it can kill inflation. so the Iran countries also began to see crypto use more efficiently.
Sure it can be but lot of people don't have enough patience to wait to beat that inflation through their profits they will just buy and sell at the wrong time which results in the huge loss among many new traders who invested at this bear run.I am not seeing bitcoin as an inflation killer tool but if people can make their moves at their right time they can be as well.
We can beat inflation as the price of bitcoin increases more strongly than inflation, but it can not be certain how bitcoin will increase.
bitcoin is the inflation killer is the truth and that can be proved, for example, compare the value of bitcoin and fiat money from 2009 until now, which one has a higher inflation rate through how many items can be obtained on 2009 and now
No, I do not think so Bitcoin has any affect on the price of other products as we know that it is a digital currency and and everything has its own demand rates. Other currencies will also go up or down according to what and how much the market is demanding so we must take it besides the Bitcoin. Products prices are controlled by government of a country how they handle things they know better but I think it has nothing to do with Bitcoin. There are a lot of investments which have managed to beat inflation, but Bitcoin may not be necessarily one of them. The reason I say that is we do not have enough data. You cannot conclude that basis Bitcoin's price increase in 2017.
Equities, when you look at it over a period of time (decades) definitely has given returns higher than inflation.
Definitely there are also other investments which help to beat inflation.But not like bitcoin which on one hand beats inflation and on the other hand also gives very huge returns which other assets fail to give. Equities, when you look at it over a period of time (decades) definitely has given returns higher than inflation.
It can be the Inflation killer, as long as Countries will embrace blockchain technology. It would be of great help to the economy if faster transactions and fast innovations will work. And importantly, people should be informed well about it so that everyone will follow.
In my country the inflation rate averaged between 1% to 3% per year over the last 5 years. So whatever investments I had to make, I had to beat inflation for me to say that I am moving forward.
I am one of the fortunate people who invested in Bitcoin, when the price was around $400 per coin. Since then I have been smashing inflation on my investments made into Bitcoin.
In 2017 I obliterated inflation and I sold some coins, which was re-invested into other investments that also beat inflation. I can with all honesty say, that I am not bothered with inflation, even if it goes up to 100% for the next few years.
Let's celebrate the fact that Bitcoin enabled us to beat inflation for the last couple of years.
It’s good to always invest your money in assets like this, they can help you to escape such situations. Same thing is happening in my country and inflation keeps rising everyday, but due to I have my money invested in a lot of things including cryptocurrencies, I have been able to survive it and never complain while others keep on complaining that things are really bad. Bitcoin helped a lot. I am one of the fortunate people who invested in Bitcoin, when the price was around $400 per coin. Since then I have been smashing inflation on my investments made into Bitcoin.
In 2017 I obliterated inflation and I sold some coins, which was re-invested into other investments that also beat inflation. I can with all honesty say, that I am not bothered with inflation, even if it goes up to 100% for the next few years.
Let's celebrate the fact that Bitcoin enabled us to beat inflation for the last couple of years.
We can beat inflation if bitcoin/altcoin prices rise. Otherwise, we only try to beat breakeven Generally speaking, unconventional assets tend to bring higher rates of return while facing higher risk.
inflation is indeed the most feared by every society they try various ways to save money into several forms to avoid inflation, but for developing countries gold may be the choice of favorite to save their money, but for developed countries can allocate funds in the form of bitcoin more profitable because of a decentralized system and the possibility that in the future it has the potential to become a global currency so that many entrepreneurs allocate money funds in bitcoin. Generally speaking, unconventional assets tend to bring higher rates of return while facing higher risk. It could become a currency in the long run, but this would be an option for everyone as I believe it will always go hand in hand with fiat, except that this time around, real believers understand the benefit it brings for them in the long run when it comes to destroying inflation from their lives.
wow! good for you coming in so early, your point of view applies very well on what happened to the market the last few years and saying that bitcoin will beat the inflation in most countries will depend mostly on what will happen in the future.
In my country the inflation rate averaged between 1% to 3% per year over the last 5 years. So whatever investments I had to make, I had to beat inflation for me to say that I am moving forward.
I am one of the fortunate people who invested in Bitcoin, when the price was around $400 per coin. Since then I have been smashing inflation on my investments made into Bitcoin.
In 2017 I obliterated inflation and I sold some coins, which was re-invested into other investments that also beat inflation. I can with all honesty say, that I am not bothered with inflation, even if it goes up to 100% for the next few years.
Let's celebrate the fact that Bitcoin enabled us to beat inflation for the last couple of years.
I am one of the fortunate people who invested in Bitcoin, when the price was around $400 per coin. Since then I have been smashing inflation on my investments made into Bitcoin.
In 2017 I obliterated inflation and I sold some coins, which was re-invested into other investments that also beat inflation. I can with all honesty say, that I am not bothered with inflation, even if it goes up to 100% for the next few years.
Let's celebrate the fact that Bitcoin enabled us to beat inflation for the last couple of years.
There is actually a whole lot to celebrate and that shows the extent at which this space is beneficial a whole lot to people and the reason why I am sure the likes of Zimbabweans hopped into the crypto space to have made the price shoot more than the normal market price. Honestly, I feel you a lot on this as I can relate and I must say since I decided to put my stash into bitcoin and just very little into fiat based on how inflation has always be killing things, I made the best decision to kill the inflation itself in my life.
I live in Russia. I so distrust the ruble and my government that I am ready to keep all the savings in bitcoins. I often buy up a crypto currency, but I would do it much more often if there was a convenient and fast exchange
You are not alone bro. I am in a part of the world in which inflation has generally become a norm and then you tend to ask yourself the questions why things should be that way, but all in the name of bad policies, we tend to see the government scattering everything, coming up with some policies that would always affect the people in general and this has really brought about some crazy level of distrust over time in the system of governance and the general banking system, which I believe having to make the decision to put some of my funds in bitcoin over the years, has really brought about a better change in my life than over the years that I have been saving in fiat. In my country the inflation rate averaged between 1% to 3% per year over the last 5 years. So whatever investments I had to make, I had to beat inflation for me to say that I am moving forward.
I am one of the fortunate people who invested in Bitcoin, when the price was around $400 per coin. Since then I have been smashing inflation on my investments made into Bitcoin.
In 2017 I obliterated inflation and I sold some coins, which was re-invested into other investments that also beat inflation. I can with all honesty say, that I am not bothered with inflation, even if it goes up to 100% for the next few years.
Let's celebrate the fact that Bitcoin enabled us to beat inflation for the last couple of years.
I am one of the fortunate people who invested in Bitcoin, when the price was around $400 per coin. Since then I have been smashing inflation on my investments made into Bitcoin.
In 2017 I obliterated inflation and I sold some coins, which was re-invested into other investments that also beat inflation. I can with all honesty say, that I am not bothered with inflation, even if it goes up to 100% for the next few years.
Let's celebrate the fact that Bitcoin enabled us to beat inflation for the last couple of years.
This is very true whichever country you belong to inflation is there, gone are the days where you could buy a property, or keep your money in bank and be happy you beat inflation. These days none of the assets we have matches the returns of Bitcoins, plus you're lucky to see inflation of up to 3% many countries have it higher, so a good part of the income goes into paying taxes, other gets eaten by inflation. There is no doubt in my mind that bitcoins returns, not only beat inflation but help you keep secured for many years to come provided you know when to buy, hodl and sell your coins.
bitcoin is the inflation killer is the truth and that can be proved, for example, compare the value of bitcoin and fiat money from 2009 until now, which one has a higher inflation rate through how many items can be obtained on 2009 and now
I live in Russia. I so distrust the ruble and my government that I am ready to keep all the savings in bitcoins. I often buy up a crypto currency, but I would do it much more often if there was a convenient and fast exchange
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