Post
Topic
Board Economics
Re: Bitxoin and the economy
by
EtherSpin
on 09/02/2018, 06:09:39 UTC
Im conducting a school research about economy and I chose to talk about bitcoin. The subject is how does bitcoin affect the world's economy? does it do well to it because it stops inflation as the amount of it is limited? or does it harm it ?

High inflation can be bad, as shown in places in India and Zimbabwe. However, controlled inflation can be good for a growing economy. Bitcoin has properties similar to gold - scarcity.