Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin really resist inflation?
by
dkbit98
on 14/08/2021, 20:40:14 UTC
Since the total issuance of Bitcoin is limited to 21 million, Bitcoin has had its own "anti-inflation" aura since its inception.
It has few million bitcoin less because of lost coins, but there are much more Sats or mBTC that can be used as smaller denominations for Bitcoin, so you don't really have to own or buy one Bitcoin.

However, Can Bitcoin really resist inflation?
Bitcoin doesn't have to do anything to resist inflation.
It's a free market that will decide if people will choose Bitcoin or something else like precious metals to hedge inflation and hyperinflation.

Because, although Bitcoin has a total issuance limit as a "protective cover" against inflation, but under the impact of a dazzling variety of virtual currencies such as ETH, BNB, XRP, LTC, DOGE, etc., Bitcoin's "protective cover" "It's easy to break the power.
All those are centralized junk shitcoins that can't really do anything and they can't compare with Bitcoin.
There is no CEO or central authority controlling Bitcoin like it's the case with all other coins and digital currencies.