Bitcoin: Relation of Bitcoin and Inflation

Bitcoin: Relation of Bitcoin and Inflation

The argument is that the printing of central bank money will lead over time to inflation or a decline in the value of money. By contrast, Bitcoin has a set limit of 21 million coins, which they may always generate. Bitcoin can withstand inflation with this restricted supply. The COVID-19 epidemic was the ideal way to test this hypothesis as governments worldwide started to pour trillions of dollars into their economies. Many governments, including the […]