Post
Topic
Board Economics
Re: Money & Inflation
by
ausbit
on 08/01/2019, 12:17:47 UTC
Hi everyone,

Please watch this video:
https://www.youtube.com/watch?v=THAaIZmxfNA

Quantity of money per unit of output and price index is deeply intricate. At the end of the day, the more cryptocurrency is produced without needed and real usage in economy the lower the value of your crypto assets.
Yes, that’s the same thing what is being said a lot of times here that the price of Bitcoin in the market is based on the rate of demand and supply. That’s just the same thing as you’re saying, when there are lots of crypto being supplied and nobody is buying them, the crypto assets will begin to lose value and those that are in possession of the assets will be losing their money (and the price continues to decline as they sell too). It’s just the same thing.