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What is BTC inflation? How much BTC was printed by government in recent years? And of course - how much it grew in value? In other words: * deflationary nature
by kikimora 11mo ago
What is BTC inflation? How much BTC was printed by government in recent years? And of course - how much it grew in value?
In other words:
* deflationary nature
* independence of any government
* speculation
Governments will keep printing money. Stock market is only good in US (check Japan and China). Bitcoin is good alternative investment in places where options primarily limited to property.
- idiotsecant 11mo agoI am really excited to hear you explain in what way BTC is deflationary. Go ahead, I'll wait.
- kikimora 11mo agoBTC is deflationary by design.
- idiotsecant 11mo agoFascinating! What has the rate of inflation of Bitcoin been this month? This year? This decade? At what point has it been deflationary?
- kikimora 11mo agoYou can equally ask what was inflation of natural gold and diamonds. It was zero since there is fixed amount of gold and diamonds on the planet. Same with bitcoin.
- idiotsecant 11mo agoWhat?? There has been more Bitcoin today than there was yesterday since the first BTC was mined. It's the definition of inflationary. You have no idea what you are talking about.
- kikimora 10mo agoIn the same way as there are more gold dug from the ground today than before. What is the difference?