Post
Topic
Board Bitcoin Discussion
Re: What Bitcoin stands to gain when the government prints more currencies
by
lumierre
on 16/10/2021, 16:06:12 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.
I absolutely agree with you that Bitcoin is ahead of all fiat money as they can be printed more and more, but Bitcoin is limited and this fact gives additional value to it. When something is limited, it means a limited supply, so the price will grow just because of this. So I think that Bitcoin is in a better position than  traditional paper currency or CBDC.