Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin anti-inflation?
by
GigaBit
on 16/09/2022, 06:20:46 UTC
According to many analyzes, inflation is caused by the printing of money by the Central Bank. Excessive printing of money will create an imbalance in supply and demand, which will have a negative impact on the balance sheet.
As a person who really loves BTC, I want to ask, is Bitcoin anti-Inflation?
In this case we can notice one thing. That is, the central bank can print money as they wish, in this case, the more money they print, the more inflation will occur. But Bitcoin has a limited supply. As we all know the maximum supply is 21 million where currently over 19 million circulating. There are only a few millions left but the miners are not keen on the high mining cost. So nothing like this is likely to happen with Bitcoin.