3 ms·
Inflation rate means the rate of issuance of new coin. Its price is related to whatever free market forces decide the price of anything scarce such as gold, sil
by solotronics 6y ago
Inflation rate means the rate of issuance of new coin. Its price is related to whatever free market forces decide the price of anything scarce such as gold, silver, fiat currency, etc.
- hyko 6y agoIn economics the word inflation refers to the rate of change in the buying power of a currency. What you’re talking about is the money supply (I guess the Bitcoin equivalent of M2) which in Bitcoin is for some reason increased at a hard coded (decreasing) rate.