Bitcoin as a cryptocurrency, it does have a certain investment value and the ability to resist inflation.
Bitcoin's decentralization means that no government agency or anyone in the world can monopolize the income generated by this asset appreciation, and no one can manipulate this market to obtain extremely high profits. At the same time, because the nature of inflation is the over-issuance of national currencies, the low interest rates of global central banks and huge bond purchase plans have stimulated the demand for Bitcoin. Due to the limited supply of cryptocurrencies such as Bitcoin and their scarcity properties, they can be used as an effective hedge against inflation, so there will be no inflation problem.
Topic: Is Bitcoin anti-inflation? - page 4. (Read 1108 times)
I think that for the real use of bitcoin as a single currency I could share my experience if it is anti-inflation or not.
As everyone remembers at the beginning of the pandemic, the price of bitcoin plummeted on March 15, 2020 to $ 5,542.82.
All over the world there was uncertainty as to how it was affecting the economy and in my country Venezuela was no exception. My only means of income was bitcoin an average of $ 20 per week, if I can solve my economic needs taking into account the fall in the price of bitcoin, volatility and hyperinflation I can confess that bitcoin is anti-inflation.
As everyone remembers at the beginning of the pandemic, the price of bitcoin plummeted on March 15, 2020 to $ 5,542.82.
All over the world there was uncertainty as to how it was affecting the economy and in my country Venezuela was no exception. My only means of income was bitcoin an average of $ 20 per week, if I can solve my economic needs taking into account the fall in the price of bitcoin, volatility and hyperinflation I can confess that bitcoin is anti-inflation.
According to many analyzes, inflation is caused by the printing of money by the Central Bank. Excessive printing of money will create an imbalance in supply and demand, which will have a negative impact on the balance sheet.
As a person who really loves BTC, I want to ask, is Bitcoin anti-Inflation?
Bitcoin is anti-inflation in my opinion. Bitcoin is different from the currency issued by the legal banks of each country. I think there are lots of legends on this forum who understand better and are better able to give an answer if Bitcoin is anti-inflation.As a person who really loves BTC, I want to ask, is Bitcoin anti-Inflation?
Because the supply of Bitcoin is fixed, it can be said that Bitcoin is anti-inflation. It is very different from fiat which can be printed as much as
the government wants, as a result, fiat will experience hyper inflation. This is why many rich people prefer Bitcoin to keep their money instead of
keeping it in the bank. Because Bitcoin is anti-inflation, where supply is limited and no one can control Bitcoin. So the price of Bitcoin is based on
supply and demand.
As a person who really loves BTC, I want to ask, is Bitcoin anti-Inflation?
That always happens in the market. bitcoin does not depend with what is in global economy. crypto market has their own inflation i would say . anything that has nothing to do with crypto or bitcoin will not affect bitcoin. more appropriately can be called a savior asset from inflation.
Bitcoin is anti-inflation in my opinion. Bitcoin is different from the currency issued by the legal banks of each country. I think there are lots of legends on this forum who understand better and are better able to give an answer if Bitcoin is anti-inflation.
It is clear what inflation means is simply excessive printing on a large scale in a very short period of time which causes the price to decrease and will shrink drastically.from here it is seen that bitcoin is anti-inflation which has been planned very clearly from the start that the bitcoin stock is limited, namely 21 million coins only. from here, actually friends must understand that when it is pegged to a fairly clear amount automatically after the amount of 2 million is fulfilled then bitcoin cannot be mined anymore and this indicates that bitcoin is anti-inflation
bitcoin is touted as an anti-inflation tool compared to gold. The reason why some types of cryptocurrencies can act as a protector against inflation is for the same reason as gold: supply is limited. This is something that is often forgotten by many people, even crypto players themselves, but keep in mind that many cryptocurrencies and especially, Bitcoin are built with inherent limitations. Overall that said, it's not really clear whether Bitcoin is, in fact, a deflationary asset. Or at least, not yet a deflationary asset. While it is technically true that the supply of this cryptocurrency is limited, we are not close to that limit yet.
There is still inflation in bitcoin. Merely 2% a year, which is healthy for the adoption rate of bitcoin.
Premined coins with no incentive to mine will die very fast.
All in all, the bitcoin protocol is so much more than software which can be forked, it's also at what rate the new coins are being mined, and how quick the rest of the world adopt bitcoin. If you miss by one parameter, it will fail.
Premined coins with no incentive to mine will die very fast.
All in all, the bitcoin protocol is so much more than software which can be forked, it's also at what rate the new coins are being mined, and how quick the rest of the world adopt bitcoin. If you miss by one parameter, it will fail.
Ofcourse, that's one of the causes of inflation... But it's not as simple as that. The printed money will only cause inflation if it's used for consumption purposes, or for consumption of basic goods & services without adequate production of more of the goods & services.
So printing for that purpose can add to the demand of goods and services. If demand is greater than supply you could have inflation or there will be scarcity.
So printing for that purpose can add to the demand of goods and services. If demand is greater than supply you could have inflation or there will be scarcity.
According to many analyzes, inflation is caused by the printing of money by the Central Bank. Excessive printing of money will create an imbalance in supply and demand, which will have a negative impact on the balance sheet.
As a person who really loves BTC, I want to ask, is Bitcoin anti-Inflation?
Bitcoin is anti-inflation in my opinion. Bitcoin is different from the currency issued by the legal banks of each country. I think there are lots of legends on this forum who understand better and are better able to give an answer if Bitcoin is anti-inflation. As a person who really loves BTC, I want to ask, is Bitcoin anti-Inflation?
Not just bitcoin but any stock in the market, real estate, and gold can be anti-inflation and save people from losing their money value over time. Depending on your risk level and the amount of money you do have you can choose a market and bitcoin is one of them for the people who aim for the long term. If you aim for the long term and check the bitcoin price in large time frames, bitcoin can be an option for you to stay safe from the world inflation rate. As you mentioned yourself printing money can increase the supply of paper money while bitcoin got a limited total supply, this can one strong reason of why bitcoin can keep you safe from the inflation rate.
Inflation is because we feel that legal currency is worthless, it will purchase items and investments. We will not store legal currency.
Bitcoin does not have a lot of negative impact on the economy. It is generally a good impact.
Because Bitcoin is scarce, it is equivalent to gold.
Everyone about supply and demand of Bitcoin. This is why the bitcoin stored as a value.
Bitcoin does not have a lot of negative impact on the economy. It is generally a good impact.
Because Bitcoin is scarce, it is equivalent to gold.
Everyone about supply and demand of Bitcoin. This is why the bitcoin stored as a value.
I can say that Bitcoin is anti-inflation, the main cause of inflation is the increase in the injection of cash in a way that is not commensurate with the growth of the economy. This does not exist for Bitcoin. It is true that 900 Bitcoins are being pumped daily, but this number will decrease by half every four years. Bitcoin is limited and no more can be added (while you can print an infinite number of banknotes) Also, do not forget about bitcoins that are lost for one reason or another and also due to the low price of bitcoin currently most people hold bitcoin in their wallets and this reduces the supply in the market and can be considered a type of protection against inflation.
I really don't know if this bitcoin can be an anti inflation asset or not.
IMO, OP seems not talking about Bitcoin as a digital asset but as a currency. If it is related to a digital asset value, I don't think OP will focus on discussing "anti-inflation". What we are looking for on a digital asset is profits, right? Doesn't really care if Bitcoin has inflation or not. But if Bitcoin will be a global currency someday, surely the topic "inflation" will make sense to discuss. Since people probably want to know the advantage of Bitcoin, whether it can be better than fiats or not. 
According to many analyzes, inflation is caused by the printing of money by the Central Bank. Excessive printing of money will create an imbalance in supply and demand, which will have a negative impact on the balance sheet.
As a person who really loves BTC, I want to ask, is Bitcoin anti-Inflation?
I would love this kind of experiment:As a person who really loves BTC, I want to ask, is Bitcoin anti-Inflation?
Let's print a lot of money but don't tell the society/businessmen that you are printing and don't create manual panic. After that, slowly put this money in the society (by increasing wages in government jobs, decreasing taxes, funding education, improving healthcare, etc) and let's see what will happen. I know this sounds impossible but I really want this kind of experiment. I think that the poverty is created manually and if USA/Europe is rich that's because people in China work on very low wages, people in Africa work on low wages, people in India work on low wages, etc. Otherwise just have a look at statistics, every developed / top countries have enormous debts while they tell the poor ones to keep debts under 60% of GDP or they are f*ed.
As a person who really loves BTC, I want to ask, is Bitcoin anti-Inflation?
Deflationary design is incorporated in BTC. But if the goal was to create a pure inflation protected asset, I think there would be more safeguards and features built in to deter volatility.
Inflation alone is neither good or evil. Its a symptom of markets that manifest under certain conditions.
The problem is high risk will always be correlated with high profits. National mints sometimes overprint currency to bailout poor investments made by high rollers in public and private sectors. Leading to economic instability and inflation. The more underfunded programs and investments are, the higher the volume of fiat necessary to bail them out.
Bitcoin definitely represents an improvement over current markets and financial structures. But I do not think its fair to label it a pure inflation protected asset or something that was designed to be anti inflation.
The fact that bitcoin has a finite supply and only had a limited supply in circulation is proof enough that it will help you against inflation just like how investing on gold would help save the value of your wealth. Thing is, bitcoin is very volatile and fluctuations in price may go for the better or for the worst for you. So it's not as reliable as they think it is when it comes to being a store-of-value. Then again most people here who hold on bitcoin aren't here to save themselves from hyperinflation imminent as the central bank prints more and more banknotes to accommodate the lack of enough supply in circulation, it's the fact that holding on bitcoin is profitable enough that they stay.
Until bitcoin hits the total supply of 21 million coins (all mined), it is considered inflationary. but after that has been achieved, it wouldn't be. everyday, new bitcoins are mined by miners and it goes into the circulation and these miners can decide to sell those mine tokens at will. Considering this is just temporary and not for the long run, it is normal compared to fiat currencies counterpart.
Makes sense, but then again that would be quite impossible since there are some minted bitcoins that are already lost in circulation. Some left in the digital wastelands just like the thousands of bitcoins kept in a harddrive that was accidentally thrown into the dumpster by an IT guy I forgot the name of. But even then you are correct, having this kind of monetary setup where inflation is minimal if there's even any compared to fiat's situation.
According to many analyzes, inflation is caused by the printing of money by the Central Bank. Excessive printing of money will create an imbalance in supply and demand, which will have a negative impact on the balance sheet.
As a person who really loves BTC, I want to ask, is Bitcoin anti-Inflation?
As a person who really loves BTC, I want to ask, is Bitcoin anti-Inflation?
Until bitcoin hits the total supply of 21 million coins (all mined), it is considered inflationary. but after that has been achieved, it wouldn't be. everyday, new bitcoins are mined by miners and it goes into the circulation and these miners can decide to sell those mine tokens at will. Considering this is just temporary and not for the long run, it is normal compared to fiat currencies counterpart.
Yes, it is anti-inflation but as they point out. Bitcoin is known as a deflationary currency.
You've already answered your question about it. Due to limited supply, it's becoming scarce and value goes up because of the demand and there's halving every 4 years that has shown the effect of it to rise in price.
You've already answered your question about it. Due to limited supply, it's becoming scarce and value goes up because of the demand and there's halving every 4 years that has shown the effect of it to rise in price.
According to many analyzes, inflation is caused by the printing of money by the Central Bank. Excessive printing of money will create an imbalance in supply and demand, which will have a negative impact on the balance sheet.
As a person who really loves BTC, I want to ask, is Bitcoin anti-Inflation?
As a person who really loves BTC, I want to ask, is Bitcoin anti-Inflation?
Until bitcoin hits the total supply of 21 million coins (all mined), it is considered inflationary. but after that has been achieved, it wouldn't be. everyday, new bitcoins are mined by miners and it goes into the circulation and these miners can decide to sell those mine tokens at will. Considering this is just temporary and not for the long run, it is normal compared to fiat currencies counterpart.
Bitcoin is anti-inflation in itself as I consider it a deflationary currency (limited supply + some Bitcoins are lost here and there due to negligence).
So I'd say that Bitcoin in itself is not inflationary, but I wouldn't use it with the sole purpose to protect myself against inflation due to the liquidity and market risks you expose to.
So I'd say that Bitcoin in itself is not inflationary, but I wouldn't use it with the sole purpose to protect myself against inflation due to the liquidity and market risks you expose to.
Bitcoin may protect you against inflation, just like gold. The problem is that bitcoin is still very volatile, so you are exactly protecting yourself against inflation. You lose much more money than you would lose to inflation (especially if you live in a country where inflation is controlled), but you may also have huge gains.
So, I think that it is a nice protecting against inflation, but it shouldn't be your only protection against inflation, due to its high volatility.
So, I think that it is a nice protecting against inflation, but it shouldn't be your only protection against inflation, due to its high volatility.
This increase in the price of Bitcoin has happened in a very short time, even a few days ago it was worth about $5,000. In just a few months, its value has exceeded $50,000. Bitcoin prices began to rise just as global pandemic covid-19 raised fears of inflation. Don't you think that people rush to Bitcoin when they suspect an economic downturn due to inflation? and they got Bitcoin promising though it has high volatility?
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