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Bitcoin is currently inflationary. 1,800 newly generated bitcoins (about $11,700,00) are added to the supply roughly every 24 hours.
by grubles 9y ago
Bitcoin is currently inflationary. 1,800 newly generated bitcoins (about $11,700,00) are added to the supply roughly every 24 hours.
- erebus_rex 9y agoNO it is not. Inflation does not mean growing money supply. It means money supply growing faster than the real economy that transacts on that money. Bitcoin money supply may be growing but not fast enough to accomodate the demand. So it is deflating.