Quote from: Tessnik on Today at 06:37:32 AM

Quote from: tranthidung on October 15, 2021, 05:42:24 AM

Quote from: RILWAN on October 15, 2021, 04:37:17 AM

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

Please read a few resources about Bitcoin supply and Central bank digital currency (CBDC). Next, look at the chronological chart of the purchasing power of US dollar. Lastly, make sure you read the topic about Equivalent network time. In that topic, you will get the estimated time to mine 1 BTC, now (since 2020 May halving till 2024 halving) that is about 48 seconds; then compares it to the estimated time about 12 mins 48 secs in 2032.

In 2032, 99.2% of total supply will be mined (see in Controlled supply)

guess it will take the government some time to come to terms with decentralized cryptocurrency such as bitcoin, this is because the government will not want to adopt what they can not control and this is the reason we now have central bank digital currency which is aimed at contending with Bitcoin.

They will fight back, of course, if you just follow what Gensler of SEC is doing, you'd realize that they'd go to war before they'd free all of the people from using crypto freely. It's not easy for crypto to face the challenges to become this mainstream.

Right now, BTC yet not known to every man so even if the US prints more money to distribute to Americans, some of them will use the bills to buy BTC which is going to be good for the crypto economy. With where Bitcoin is heading which its price is retracing up to $64,000, investors will consider BTC as anti-inflation currency.