Post
Topic
Board Bitcoin Discussion
Re: 3x inflation in my life time (Im 30) does bitcoin fix this?
by
wajik-tempe
on 08/06/2023, 04:39:59 UTC
It is critical to remember that inflation is a complicated economic phenomena that is impacted by a variety of factors. Blaming politicians and central bankers for inflation may oversimplify the situation. Some Bitcoin supporters feel that the cryptocurrency's limited supply, decentralization, and potential as a store of value might provide an alternative to existing fiat currencies while potentially addressing inflation problems. However, Bitcoin is not a cure for all economic problems. It has its own set of difficulties and restrictions. The price volatility of Bitcoin has been a major source of concern, with massive price fluctuations occurring over very short periods of time.