Post
Topic
Board Economics
Re: Bitcoin and Inflation
by
gantez
on 01/03/2019, 14:20:33 UTC
Only a controlled economy can be spared from inflation (though this is also debatable)....

It is a known fact that inflation has no business with bitcoin. Inflation can be in a controlled environment as you have rightly said and bitcoin is not controlled.

There have been many discussions -- continuing discussions in fact -- on this subject and still there is no definite answer maybe because Bitcoin is still relatively new and theories/speculations are still waiting for validation.

Yes and I wonder the kind of hypothesis or theory that will be pushed in to invalidate what we already know and experiencing - that bitcoin is not inflation prone but rather, bitcoin can cause inflation because high rate of bitcoin price might mean too much money in the society when converted.