Inflation is the excessive increase in the amount of money traded which leads to their devaluation. In terms of inflation in cryptocurrency, it is considered to be impossible because of the limited number of Bitcoin that can be issued, so the only thing that can cause inflation of cryptocurrency is the total absence of demand. Besides that, Bitcoin itself can’t be led to inflation by any person or government, as there are no ways to increase supply that will surpass the fixed amount of issued cryptocoins. According to its increasing popularity and demand, the price of cryptocurrency is only going to get higher. Because of hyperinflation in some developing countries, Bitcoin has become a popular way to secure money against inflation.
Escalating debt and inflation could result in years of stormy weather for global economies
‘Price of Tomorrow’ author says Bitcoin is a ‘lifeboat’ amid financial turmoil
Bitcoin keeps looking better and better each time the U.S. devalues its own currency.
Fed expects near 0% interest rates for years, potentially boosting BTC's value proposition
Rather than a hedge against inflation, cryptocurrencies are an alternative to the dominant system entirely.
Bitcoin and cryptocurrency are no hedge for inflation
The wild ride of 2020 continues.
Ripple's Garlinghouse forecasts further loss of U.S. dollar value
Turkish residents are losing faith in their local fiat currency, with confidence in the lira falling 20% this year.
Turkey Residents Panicking Over Massive Inflation
With expectations of further U.S. dollar inflation, why would people hold cash?
Abra CEO Explains Why It's Bitcoin's Time to Shine
Bitcoin may ultimately benefit from the U.S. Federal Reserve's actions, says Tyler Winklevoss.
Tyler Winklevoss: It’s Good for BTC When the Fed Prints Money