Post
Topic
Board Bitcoin Discussion
Re: How long can Bitcoin out perform inflation in the long run?
by
laris2
on 31/08/2023, 13:03:46 UTC
I've been closely monitoring the upcoming Bitcoin halvening, and it's fascinating to see the economic principles at play. For those who might not be aware, the halvening is an event where the reward for mining new blocks is halved, effectively reducing the supply of new Bitcoins entering the market by 50%. This is a built-in mechanism to ensure that Bitcoin remains deflationary over time.

What's even more intriguing is the current demand from retail investors. Recent data suggests that retail investors are purchasing more Bitcoin than what's being produced daily. This supply-demand imbalance is a classic economic scenario. With the halvening further reducing the daily supply, and assuming the demand remains constant or even increases, we could potentially witness some interesting price dynamics in the near future.


And with new people getting mature and ready for digital economy (eg. people grown buying things online, skins and other intangible things) it will be easier for them to transition into this digital age.