Post
Topic
Board Bitcoin Discussion
Re: What Bitcoin stands to gain when the government prints more currencies
by
Tessnik
on 15/10/2021, 07:39:57 UTC
Several articles have been written on how the government always print more money just to pump the Central currency due to inflations and this has always given Bitcoin and edge over them, we saw the market already heading back to $64,000 which is the highest Bitcoin price since its creation and this further goes to credit the fact that Bitcoin is an anti-inflation currency and is ahead of the central bank traditional paper currency or CBDC.

Some members would argue that bitcoin is not anti-inflationary currency. But with limited and ever-decreasing supply, it definitely gives bitcoin an edge over any traditional currencies that exists in the world. Government has to adjust the supply based on inflation and hence they are bound to print money to keep the supply ongoing on the basis of demand in the market.

Bitcoin is mainly an accumulation game. The more you accumulate, the brighter your future will be! If not already started, start now!

The poor people who know nothing about Bitcoin will remain poor still. Whether we agree to it or not, it's just how the world works. The world is just not going to work without slaves who will fork for their masters who have more. The poor who can only afford altcoins may still stand if they just keep a stash.

BTC halves every 4 years, it sure is anti-inflationary currency but more than that is that its total supply is just 21M, I don't know why anyone wouldn't believe it since its the coders who could say because it's opensource.
The 21 million Bitcoin supply make it maintains a rate that can not exceed that amount and with constant adoption, the total supply gets lower and lower that makes its price to be stable and steadily increasingly high price due to its limited supply.