Quote from: bettercrypto on April 27, 2018, 11:20:18 PM

Quote from: haroldtee on April 27, 2018, 06:10:00 AM

Firstly, the only thing that has always been causing inflation is the manipulated and monopolized Fiat system.

Secondly, bitcoin is a deflationary currency. So, I leave you to do the maths!

As far as I know, inflation happens when the purchasing power of the people are greater than the supply. It means, if the people has high purchasing power, there is also a greater demand. We have limited resources only and if the supply will deplete, prices hike.
Based from my definition, I can say that inflation is applicable in bitcoin. Bitcoin is also currency and I think it will cause inflation but not in a rapid manner as what happened in dollar.

okay I agree with your opinion. It is true that inflation occurs when the state creates too much money. And if it is possible in a country to happen inflation may be the community turning to bitcoin