Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Is Bitcoin anti-inflation?
by
djangofan
on 19/09/2022, 17:09:03 UTC
⭐ Merited by JayJuanGee (1)
Bitcoin is not anti-inflation,  "Scarcity" is anti-inflation.    Bitcoin just happens to have scarcity.    This Scarcity of Bitcoin, is not defined by centralization where someone holds a master key but rather "Scarcity" enabled-by "Proof-Of-Work" in place of a centralized cryptography scheme (like POS).  That is why "proof of work" , providing scarcity, is "anti-inflation".