If fixed supply can be infinitely inflated (when it comes to price) and thus creating a bubble that can burst, it is not being different from supply that is not fixed.
Example, current Bitcoin price inflated by Tether printer with no real backing.
Fixed supply of BTC doesn't matter, when the price can be infinitely inflated by Tether printer.
Example, current Bitcoin price inflated by Tether printer with no real backing.
Fixed supply of BTC doesn't matter, when the price can be infinitely inflated by Tether printer.
You are the only one referring for a price growth as inflation while it’s just a sign that the demand is increasing for Bitcoin. It’s just a simple rule of supply and demand, Bitcoin has a limited supply while the demand is increasing due to its popularity so it’s normal effect is to pump the price because no one wants to sell at low price.
Besides, Despite a shadiness surrounded on USDT. It has an audit for their reserves which backed their value. Tether is not the only stablecoin right now on crypto.