Is bitcoin inflation wilder than fiat? - page 5.

noorman0

hero member

Activity: 1778

Merit: 709

[Nope]No hype delivers more than hope

Quote from: Sarah Azhari on February 01, 2023, 12:36:04 AM

-snip-
Now, they begin to turn to bitcoin and look like started to control the bitcoin inflation.

It's impossible, can't even imagine what way it could affect bitcoin inflation.
Moreover, in terms of decency or regulation, during a crisis the government prefers to save the value of their own currency rather than think of an entity that is not at all one of the identities of their country.

Quote from: Sarah Azhari on February 01, 2023, 12:36:04 AM

-snip-
so what you think if bitcoin inflation is wilder than fiat?

Basically, bitcoin volatility is extreme. It is only influenced by the law of demand and supply, not a reflection of the state of the economy of any country.

mk4

legendary

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Merit: 3873

Paldo.io 🤖

Quote from: Sarah Azhari on February 01, 2023, 12:36:04 AM

Many countries have thought to change currency into bitcoin because the government thinks bitcoin is more related stable than USD.

Cite your sources. Also, who the heck thinks bitcoin is more stable than USD? That's just false.

Quote from: Sarah Azhari on February 01, 2023, 12:36:04 AM

because the reality, USD is not have something great if their foreign policy isn't great in the past. The powerful country is just running their greedy for self-benefit.

What.

Quote from: Sarah Azhari on February 01, 2023, 12:36:04 AM

Now, they begin to turn to bitcoin

Cite your sources.

Quote from: Sarah Azhari on February 01, 2023, 12:36:04 AM

and look like started to control the bitcoin inflation, so what you think if bitcoin inflation is wilder than fiat?

Seems like you don't understand Bitcoin at all. Governments can't control bitcoin's inflation because changes to Bitcoin lies in the hands of the community.

Sarah Azhari

hero member

Activity: 868

Merit: 737

We know Inflation has become a frightening specter in 2023 because of covid and Ukraine and Rusia war. This is related to crypto, I am not sure if crypto price today has grown up in the line without following the fiat. Yes, fiat aka conventional money is the factor we pursue to bitcoin.

Many countries have thought to change currency into bitcoin because the government thinks bitcoin is more related stable than USD. because the reality, USD is not have something great if their foreign policy isn't great in the past. The powerful country is just running their greedy for self-benefit. Now, they begin to turn to bitcoin and look like started to control the bitcoin inflation, so what you think if bitcoin inflation is wilder than fiat?

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