Post
Topic
Board Economics
Re: Bitcoin, USD and inflation
by
octaviomoreno
on 31/10/2017, 19:01:52 UTC
Bitcoin seems to have become successful and increase in value because of the standard law of Supply and Demand.  My question is, How does the USD retain its value when they do not follow the law of supply and Demand and just continue printing money in addition to having a massive national debt? 

Will there be a revaluation of the USD and will this affect the value of Bitcoin for better or worse?



Just look at this pic:

http://image.ibb.co/eHBksb/usdollar.gif

With Bitcoin, you are winning the lottery at slow motion. With the US Dollar, you are losing what you have in slow motion.

The supply of the US Dollar keeps increasing, the valuation of "1 USD" may still be "1 USD" but your purchashing power has gone down the shitter as you can see, whereas with BTC it keeps going up.
So which is the best way to keep your value as the same position in few years with these huge inflation?