I Have been observing the way price of things are going up right from 2013 up till this time , add to the pandemic in 2019-2020 that caused high level of inflation to the world. Things are getting more expensive everyday both the rich and the poor are complaining of it and it seems the price of things will keep on getting higher. I'm thinking how will the world cope with inflation in 50 years coming 🤔, instead of price of things to come down a bit but it keep on rocking higher. I think the best thing to have in mind is to expect more inflation and to prepare how to tackle it in years coming.
Bitcoin could be used as a defensive strategy to tackle inflation. But the problem is there is not enough bitcoin in circulation so that everybody will get a chance to brace for the impact of the upcoming economical disaster. A low circulation supply means a high chance of financial growth of bitcoin and a raise in PPP. But it also creates a challenging environment for the middle class and poor to acquire bitcoin.
On the other hand, many big companies are accumulating bitcoin, which will give them unchallenged power over people, which could be a reason behind instability because companies will fight each other for total control of the market.