RE: The role of Bitcoin in the future - why inflation matters

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The role of Bitcoin in the future - why inflation matters

in bitcoin •  7 years ago 

True but it is a growing portion of the world economy and the deflationary forces are so powerful.

Over time, I believe this will overwhelm the rest of the economy since it penetrates every industry.

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7 years ago by

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      ·  7 years ago 

    Interesting point. It is true that there is deflationary pressure through digital transformation, but ultimately the price level is determined by the money supply. This is surely something to think about for central bankers.

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