Lets try to calculate:
6.25 BTC per 10minutes.
About 900 BTC per day and 328,500 per year.
For a total or 18,900,000 BTC already mined:
328500 / 18900000 = 0,01738, which is 1.738% inflation per year.
US had about 7% inflation last year, which is 4 times more inflation than BTC's.
I honestly did not know how to calculate it, thanks for this info. I always assumed dollar worth when calculation inflation. Like if someone asked me about inflation in bitcoin, I would say there is no inflation, just like how there is no "inflation" for most stocks, they are just companies and same for us.6.25 BTC per 10minutes.
About 900 BTC per day and 328,500 per year.
For a total or 18,900,000 BTC already mined:
328500 / 18900000 = 0,01738, which is 1.738% inflation per year.
US had about 7% inflation last year, which is 4 times more inflation than BTC's.
However, we are not a company obviously, the similarity in my mind is that one share of tesla stock will always be told with a dollar price, and one bitcoin will always be valued with a dollar price as well. This is why I never considered it as currency in the inflation department, which is a very very wrong thing to do by me. Thanks to your post, I know what I will be capable of doing, it is really really helpful.
