Quote from: Casdinyard on October 02, 2019, 07:12:00 AM

Quote from: Polo7 on September 29, 2019, 06:34:52 PM

I do feel that, but the problem is i cant buy groceries food and daily needs with Bitcoin first i have to Exchange my btc to Fiat, so the Bitcoin and gold is Not really Solution for that problem!!

Definitely that's a long way to go but seriously this issue has been raised all over the community and even the government can't control the inflation rate.

While bitcoin and other cryptos could be our last resort because of its promise of appreciating than deflecting. And we see the first world countries adopting the cryptos and carefully researching how they can innovate more. Don't worry OP, you are in the right track and you'll see in about some years, you will be able to shop with just your phone on your pocket.

This is just the beginning.

Inflation is actually under the control of the government central banks and other financial bodies of the government. However, it is not all the time that the government can successfully control it on a tolerable or even desired level. Sometimes, it goes beyond their percentage target, and moves out of control. And it is during such times that the purchasing power of the fiat currency is getting weak.

It is at these particular times when Bitcoin is the best way to go. Bitcoin is not under any inflation laws or regulation. But the problem is that it is completely under the influence of the public and free market in which a whale could manipulate the prices.