Bitcoin the inflation killer :->

[KalaiBTC]

In my country the inflation rate averaged between 1% to 3% per year over the last 5 years. So whatever investments I had to make, I had to beat inflation for me to say that I am moving forward.

I am one of the fortunate people who invested in Bitcoin, when the price was around $400 per coin. Since then I have been smashing inflation on my investments made into Bitcoin. <Even after taxes>

In 2017 I obliterated inflation and I sold some coins, which was re-invested into other investments that also beat inflation. I can with all honesty say, that I am not bothered with inflation, even if it goes up to 100% for the next few years.

Let's celebrate the fact that Bitcoin enabled us to beat inflation for the last couple of years.  <Well most of us, because we have to take into account that a lot of people have hyperinflation in their countries>

It’s good to always invest your money in assets like this, they can help you to escape such situations. Same thing is happening in my country and inflation keeps rising everyday, but due to I have my money invested in a lot of things including cryptocurrencies, I have been able to survive it and never complain while others keep on complaining that things are really bad. Bitcoin helped a lot.

[Macai]

It can be the Inflation killer, as long as Countries will embrace blockchain technology. It would be of great help to the economy if faster transactions and fast innovations will work. And importantly, people should be informed well about it so that everyone will follow.

[r32godzilla]

There are a lot of investments which have managed to beat inflation, but Bitcoin may not be necessarily one of them. The reason I say that is we do not have enough data. You cannot conclude that basis Bitcoin's price increase in 2017.
Equities, when you look at it over a period of time (decades) definitely has given returns higher than inflation.

Definitely there are also other investments which help to beat inflation.But not like bitcoin which on one hand beats inflation and on the other hand also gives very huge returns which other assets fail to give.

[Visbay]

bitcoin is the inflation killer is the truth and that can be proved, for example, compare the value of bitcoin and fiat money from 2009 until now, which one has a higher inflation rate through how many items can be obtained on 2009 and now

No, I do not think so Bitcoin has any affect on the price of other products as we know that it is a digital currency and and everything has its own demand rates. Other currencies will also go up or down according to what and how much the market is demanding so we must take it besides the Bitcoin. Products prices are controlled by government of a country how they handle things they know better but I think it has nothing to do with Bitcoin.

[GemmaJon]

We can beat inflation as the price of bitcoin increases more strongly than inflation, but it can not be certain how bitcoin will increase.

[St4yInTh3D4rk]

Sure it can be but lot of people don't have enough patience to wait to beat that inflation through their profits they will just buy and sell at the wrong time which results in the huge loss among many new traders who invested at this bear run.I am not seeing bitcoin as an inflation killer tool but if people can make their moves at their right time they can be as well.

[biskitop]

yes, because bitcoin is not affected by the state of the world economy, and bitcoin also has the same exchange rate globally so it can kill inflation. so the Iran countries also began to see crypto use more efficiently.

[spongegar]

That is true because, again, you have the forethought of investing in crypto currency when it was just 400 USD. Now you're realin the rewards for such a move. But i think the market is affecting even crypto currency. But then again, I'd think technologies are placed so that these shouldn't happen to us again.

[wahyu wida]

That is true because, again, you have the forethought of investing in crypto currency when it was just 400 USD. Now you're realin the rewards for such a move. But i think the market is affecting even crypto currency. But then again, I'd think technologies are placed so that these shouldn't happen to us again.

if the market is like last year, of course this will kill inflation, but now the price is undergoing a long correction, so many are experiencing a decline in assets, and many are frustrated at this time

[creeps]

Sure it can be but lot of people don't have enough patience to wait to beat that inflation through their profits they will just buy and sell at the wrong time which results in the huge loss among many new traders who invested at this bear run.I am not seeing bitcoin as an inflation killer tool but if people can make their moves at their right time they can be as well.

Exactly, bitcoin can only be an inflation killer only if they adopted this technology and stay in this market with a lot of patience. The investors are being impatient maybe because of the first impression they have with regards to cryptocurrency, they think this market is the easiest way to make money.

Some countries are really experiencing a huge rate of inflation, and right now Venezuela is suffering from the so called hyper inflation. Maybe bitcoin can't kill that one literally but if Venezuela continues to support cryptocurrency, positively they can survive on that crisis.

Cryptocurrency is one call a way to help one economy, and if every country will adopt this technology we can expect a less inflation with a great economy. Time will come for this, let's all have more patience and enjoy this red market!

[D3m1r4wanti]

bitcoin the killer of inflation, the nickname is now incompatible with bitcoin which is increasingly falling and may die in the near future.

[eaglewhite80]

That is true because, again, you have the forethought of investing in crypto currency when it was just 400 USD. Now you're realin the rewards for such a move. But i think the market is affecting even crypto currency. But then again, I'd think technologies are placed so that these shouldn't happen to us again.

if the market is like last year, of course this will kill inflation, but now the price is undergoing a long correction, so many are experiencing a decline in assets, and many are frustrated at this time

Well, sorry the market is not like last year, but even at that, it has not changed the fact of it being an inflation killer. Anyone who entered the market should know this is a very new market, and there will always be possibilities to see some of these things get to happen as the case may be. However, if you are too much focused on what is happening now, you will most definitely miss the sight of what is to come in the future. If you understand the potential of what you are holding, then you will most definitely know better.

[Gagah119]

I think bitcoin has not fulfilled the criteria as an inflation killer because the price of bitcoin has not been stable until now, the only thing that can kill inflations is gold because its value has never decreased.

[Valhalaa]

In my country the inflation rate averaged between 1% to 3% per year over the last 5 years. So whatever investments I had to make, I had to beat inflation for me to say that I am moving forward.

I am one of the fortunate people who invested in Bitcoin, when the price was around $400 per coin. Since then I have been smashing inflation on my investments made into Bitcoin. <Even after taxes>

In 2017 I obliterated inflation and I sold some coins, which was re-invested into other investments that also beat inflation. I can with all honesty say, that I am not bothered with inflation, even if it goes up to 100% for the next few years.

Let's celebrate the fact that Bitcoin enabled us to beat inflation for the last couple of years.  <Well most of us, because we have to take into account that a lot of people have hyperinflation in their countries>

You know, inflation is not terrible. Even putting money in the bank, buying bonds and other, in most countries will allow to exceed inflation. Bitcoin will help to resolve the issue of devaluation of the local currency. I think that the situation in Venezuela, Turkey, Argentina, Russia, Ukraine will be a good example.

I don't think whether bitcoin is an inflaction killer because bitcoin itself cannot be predicted where it will go, the government has not yet taken any steps because there will be major / major economic changes and can be very detrimental to many people involved

[bangkit tri]

In my country the inflation rate averaged between 1% to 3% per year over the last 5 years. So whatever investments I had to make, I had to beat inflation for me to say that I am moving forward.

I am one of the fortunate people who invested in Bitcoin, when the price was around $400 per coin. Since then I have been smashing inflation on my investments made into Bitcoin. <Even after taxes>

In 2017 I obliterated inflation and I sold some coins, which was re-invested into other investments that also beat inflation. I can with all honesty say, that I am not bothered with inflation, even if it goes up to 100% for the next few years.

Let's celebrate the fact that Bitcoin enabled us to beat inflation for the last couple of years.  <Well most of us, because we have to take into account that a lot of people have hyperinflation in their countries>

You know, inflation is not terrible. Even putting money in the bank, buying bonds and other, in most countries will allow to exceed inflation. Bitcoin will help to resolve the issue of devaluation of the local currency. I think that the situation in Venezuela, Turkey, Argentina, Russia, Ukraine will be a good example.

I don't think whether bitcoin is an inflaction killer because bitcoin itself cannot be predicted where it will go, the government has not yet taken any steps because there will be major / major economic changes and can be very detrimental to many people involved

I think the rich are getting richer with the presence of bitcoin, in 2017, many rich people were suddenly, so they were not affected by inflation from outside. besides that with inflation I don't think it affects the btc movement directly

[Thanasis]

I think bitcoin has not fulfilled the criteria as an inflation killer because the price of bitcoin has not been stable until now, the only thing that can kill inflations is gold because its value has never decreased.

Price of gold also decreased in the history so nothing in this world a stable with prices so the difference between fiat currency and the cryptocurrency the fiat currency always losing the value but the cryptocurrency depends on the market condition so it is the real value of the cryptocurrency at the particular time it is not created or valued by anyone.

[Huskarls]

yes maybe that is because the policies of each country, my country, bitcoin and crypto are not overlooked by economic experts here so that it only becomes a term, although quite a lot of people enter it, from here I know Crypto has absolutely no effect whether it's inflation or deflation. All economy in here didn't care at all what happened in crypto realm

[tinkerr10]

The point is not specifically in Bitcoin. He is not an "inflation killer." You just invested in time in the desired project, which turned out to be Bitcoin. But this will not save your or someone else's country from inflation.

[MTVuser07]

The point is not specifically in Bitcoin. He is not an "inflation killer." You just invested in time in the desired project, which turned out to be Bitcoin. But this will not save your or someone else's country from inflation.

I completely agree. Bitcoin itself is just a tool. And how he changes something depends on people. To invest something successfully and to think that this "will change the world" is naive.

[daarul50]

I think bitcoin has not fulfilled the criteria as an inflation killer because the price of bitcoin has not been stable until now, the only thing that can kill inflations is gold because its value has never decreased.

Maybe you've never seen history from a gold chart. before bitcoin inflation occurs, gold actually experiences inflation. Bitcoin is only a few years old while gold has been in the investment world for decades, so I say it is fair to have price volatility because even the price of gold is always moving even though its movements tend to be stable compared to bitcoin.