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, we are sitting pretty good Grin

Happy halving day everyone.

Bitcoins inflation rate will technically keep decreasing as every block is mined, because there will be more Bitcoins mined. Also if Golds price increases, expect its inflation rate to go up a little bit because miners will have a higher incentive to mine more Gold.