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.
But doesn't this raises a question on the usage of bitcoin as a currency? If its value keeps on increasing this way how would one be able to spend it? A rational consumer would always tend to keep the currency rather than spending it because he is expecting its value to grow tomorrow. I think there is no way bitcoin can be used as a currency in the longer term, yes CBDC might be a good alternative if they don't contain the property of unlimited printing, otherwise, we need to look at some option that doesn't rise in value so much, especially in such a short term.