Let’s start with inflation, since that’s a topic that has recently emerged as a powerful political campaign issue in the United States. Bitcoin, by its very nature, is disinflationary. That’s because the total lifetime supply of Bitcoin is capped at 21 million coins, and the rate of new Bitcoin issuance is carefully controlled by an algorithm. There’s no central authority such as a central bank that can create more Bitcoin.As a result, Bitcoin is becoming increasingly popular as a hedge against inflation, similar to gold. The investment case for Bitcoin is even stronger if you take into account the concept of fiat currency devaluation. In many emerging markets, this is a very real possibility due to poor government economic policies that debase the national currency. Do you think that Bitcoin is the place to put our money ?
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