We are currently only on the 3rd halving, there will be 32
Bitcoin has only just begun...
For those that think bitcoin has inflation issues, they aren't totally wrong.
The coin is inflating by roughly 6.25 new coins every 10 minutes or so.
However, that inflation is falling...
Check this out:
(Source: https://twitter.com/relai_app/status/1606359231933841427/photo/1)
The inflation rate is currently around 2%, which is more or less the target inflation rate of the US dollar.
The next halving will drop that inflation rate below the dollar and more on par with gold.
The halving after that will drop the inflation rate under the dollar and under gold...
That's when things get really interesting!
Yes, That is a new beginning for a new dawn on bitcoin inflation issues. I was actually thinking as such but you have made me realize that bitcoin is not inflating any longer more in 2023.
Thanks for your advice and graph statistics.
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Upvoted! Thank you for supporting witness @jswit.
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Bitcoin has only just begun
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