One thought just struck me .
That the day the BTC gets a lower rate of inflation than 2%, then it might be threatened by Central Banks, Government Power and Big Banks.
At the moment, inflation is about 4% and decreasing.
The Central banks target of inflation is 2%.
Right now, all the cryptos have a strong inflation built into themselves. Its simply constantly being created more of them by mining.
So right now they are no threat.
On the contrary, they are helping inflation. First, by rising a lot in price, but also by becoming more of them.
The day when these assets become deflatory dough, the" fiat world" will get real problems, and inflation of 2% might even be required to be upheld within their protocols .... otherwise they might simply illegalize their usage of them!???
I have no problem with this actually.
Gold for instance grows by 2% in quantity per annum.
This growth is also met by a population increase of 2% per annum. Isnt that fascinating!
2% is no coincidence, it simply meets population growth.
2% inflation is reasonable.
The problem is however, that the Central Banks are now in a huge experiment with money-printing and that they are on the verge of losing their confidence.
They apperently would do everything to reach 2%.
And if BTC would offer a lower inflation than that, then they would have to do something about it.
This is not a problem YET...but it will be in close future. Stay vigilante and do not be surpriced.
When Bitcoin is going below 2% inflation, then I would also be cautios of possible goverment actions.
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