SLCW on Nostr: Bitcoin is an inflationary currency. It inherently grows in value over time because ...
Bitcoin is an inflationary currency. It inherently grows in value over time because there's a finite supply. Conversely, fiat (cash) is an deflationary currency that decreases in value over time do to an infinite supply, and the mechanisms of inflation. It's important to understand this fundamental difference when explaining Bitcoin to newcomers.
Published at
2024-11-20 22:29:22Event JSON
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"content": "Bitcoin is an inflationary currency. It inherently grows in value over time because there's a finite supply. Conversely, fiat (cash) is an deflationary currency that decreases in value over time do to an infinite supply, and the mechanisms of inflation. It's important to understand this fundamental difference when explaining Bitcoin to newcomers. ",
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