Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Is Bitcoin anti-inflation?
by
lucates
on 19/09/2022, 16:56:21 UTC
⭐ Merited by JayJuanGee (1)
In may 2020,the American hedge fund manager Paul Tudor Jones said,  he will be buying bitcoin as a hedge against inflation, bringing what was once an alternative narrative into the financial mainstream. Today's inflation is said to be largely a result of unprecedented money printing. But as always, bitcoin has a finite supply of 21 million - no more coins can ever be created. Unlike the fiat currency, where its value and purchasing power decline as more is printed. That's what makes bitcoin safe against inflation.