Bitcoin versus Inflation

  • Now that the global economy has great potential to fall into the trap of inflation and zero and even negative interest rates, many people view Bitcoin as a tool for refuge like gold. So when the central bank increases the supply of fiat money into their economy, Bitcoin does the opposite. In other words, if fiat money is "pro inflation", then Bitcoin is "pro deflation".
    Currently due to the COVID-19 pandemic. Now we are witnessing a massive increase in the amount of money by central banks in both the US and other countries.

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