Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
... next we wait to see what happens now that bitcoin's monetary inflation rate is less than gold ... and every other money on the planet.
I think we just reached parity levels with gold inflation. Next halving would be half of gold.
Gold is around 3.5k tons per year / 199k supply (197.5 end of year 2019) = 1.76%.
Btc is 328.5k per year / 18.37mn supply = 1.78%
Compared to fiat that is increasing the monetary base frantically, I think we are sitting pretty good
Happy halving day everyone.