bitvestor on Nostr: A lot of people get #bitcoin’s inflation rate wrong. Currently it is ...
A lot of people get #bitcoin’s inflation rate wrong.
Currently it is disinflationary, where the rate of inflation of the circulating supply is decreasing as it approaches its finality.
Once we hit that in ~2140, #btc is a fixed supply. However, the dynamic of bitcoin being unrecoverable in cyberspace forces it to be involuntarily deflationary, as the number of accessible bitcoin will slowly deplete over a long enough time period. What a phenomenon!
Currently it is disinflationary, where the rate of inflation of the circulating supply is decreasing as it approaches its finality.
Once we hit that in ~2140, #btc is a fixed supply. However, the dynamic of bitcoin being unrecoverable in cyberspace forces it to be involuntarily deflationary, as the number of accessible bitcoin will slowly deplete over a long enough time period. What a phenomenon!