Is Bitcoin anti-inflation?

[kawetsriyanto]

I really don't know if this bitcoin can be an anti inflation asset or not.

IMO, OP seems not talking about Bitcoin as a digital asset but as a currency. If it is related to a digital asset value, I don't think OP will focus on discussing "anti-inflation". What we are looking for on a digital asset is profits, right? Doesn't really care if Bitcoin has inflation or not. But if Bitcoin will be a global currency someday, surely the topic "inflation" will make sense to discuss. Since people probably want to know the advantage of Bitcoin, whether it can be better than fiats or not.  

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[yhiaali3]

I can say that Bitcoin is anti-inflation, the main cause of inflation is the increase in the injection of cash in a way that is not commensurate with the growth of the economy. This does not exist for Bitcoin. It is true that 900 Bitcoins are being pumped daily, but this number will decrease by half every four years. Bitcoin is limited and no more can be added (while you can print an infinite number of banknotes) Also, do not forget about bitcoins that are lost for one reason or another and also due to the low price of bitcoin currently most people hold bitcoin in their wallets and this reduces the supply in the market and can be considered a type of protection against inflation.

[Robinson66]

Inflation is because we feel that legal currency is worthless, it will purchase items and investments. We will not store legal currency.
Bitcoin does not have a lot of negative impact on the economy. It is generally a good impact.
Because Bitcoin is scarce, it is equivalent to gold.
Everyone about supply and demand of Bitcoin. This is why the bitcoin stored as a value.

[Leviathan.007]

Not just bitcoin but any stock in the market, real estate, and gold can be anti-inflation and save people from losing their money value over time. Depending on your risk level and the amount of money you do have you can choose a market and bitcoin is one of them for the people who aim for the long term. If you aim for the long term and check the bitcoin price in large time frames, bitcoin can be an option for you to stay safe from the world inflation rate. As you mentioned yourself printing money can increase the supply of paper money while bitcoin got a limited total supply, this can one strong reason of why bitcoin can keep you safe from the inflation rate.

[darahjuang]

According to many analyzes, inflation is caused by the printing of money by the Central Bank. Excessive printing of money will create an imbalance in supply and demand, which will have a negative impact on the balance sheet.
As a person who really loves BTC, I want to ask, is Bitcoin anti-Inflation?

Bitcoin is anti-inflation in my opinion. Bitcoin is different from the currency issued by the legal banks of each country. I think there are lots of legends on this forum who understand better and are better able to give an answer if Bitcoin is anti-inflation.

[Ucy]

Ofcourse, that's one of the causes of inflation... But it's not as simple as that. The printed money will only cause inflation if it's used for consumption purposes, or for consumption of basic goods & services without adequate production of more of the goods & services.

So printing for that purpose can add to the demand of goods and services. If demand is greater than supply you could have inflation or there will be scarcity.

[dreamer81]

There is still inflation in bitcoin. Merely 2% a year, which is healthy for the adoption rate of bitcoin.
Premined coins with no incentive to mine will die very fast.

All in all, the bitcoin protocol is so much more than software which can be forked, it's also at what rate the new coins are being mined, and how quick the rest of the world adopt bitcoin. If you miss by one parameter, it will fail.

[carrigan]

bitcoin is touted as an anti-inflation tool compared to gold. The reason why some types of cryptocurrencies can act as a protector against inflation is for the same reason as gold: supply is limited. This is something that is often forgotten by many people, even crypto players themselves, but keep in mind that many cryptocurrencies and especially, Bitcoin are built with inherent limitations. Overall that said, it's not really clear whether Bitcoin is, in fact, a deflationary asset. Or at least, not yet a deflationary asset. While it is technically true that the supply of this cryptocurrency is limited, we are not close to that limit yet.

[terrorJR]

Bitcoin is anti-inflation in my opinion. Bitcoin is different from the currency issued by the legal banks of each country. I think there are lots of legends on this forum who understand better and are better able to give an answer if Bitcoin is anti-inflation.

It is clear what inflation means is simply excessive printing on a large scale in a very short period of time which causes the price to decrease and will shrink drastically.
from here it is seen that bitcoin is anti-inflation which has been planned very clearly from the start that the bitcoin stock is limited, namely 21 million coins only. from here, actually friends must understand that when it is pegged to a fairly clear amount automatically after the amount of 2 million is fulfilled then bitcoin cannot be mined anymore and this indicates that bitcoin is anti-inflation

[Dread Pirate Roberts]

As a person who really loves BTC, I want to ask, is Bitcoin anti-Inflation?

That always happens in the market. bitcoin does not depend with what is in global economy. crypto market has their own inflation i would say . anything that has nothing to do with crypto or bitcoin will not affect bitcoin. more appropriately can be called a savior asset from inflation.

[Wawa2013]

According to many analyzes, inflation is caused by the printing of money by the Central Bank. Excessive printing of money will create an imbalance in supply and demand, which will have a negative impact on the balance sheet.
As a person who really loves BTC, I want to ask, is Bitcoin anti-Inflation?

Bitcoin is anti-inflation in my opinion. Bitcoin is different from the currency issued by the legal banks of each country. I think there are lots of legends on this forum who understand better and are better able to give an answer if Bitcoin is anti-inflation.

this is related because bitcoin is not mass-printed, where the supply is fixed, so what is happening now is that with the increasing adoption of bitcoin, it actually increases the price, so this is what distinguishes it from fiat currencies which experience an increase in inflation every year.

Because the supply of Bitcoin is fixed, it can be said that Bitcoin is anti-inflation. It is very different from fiat which can be printed as much as
the government wants, as a result, fiat will experience hyper inflation. This is why many rich people prefer Bitcoin to keep their money instead of
keeping it in the bank. Because Bitcoin is anti-inflation, where supply is limited and no one can control Bitcoin. So the price of Bitcoin is based on
supply and demand.

[verita1]

I think that for the real use of bitcoin as a single currency I could share my experience if it is anti-inflation or not.
As everyone remembers at the beginning of the pandemic, the price of bitcoin plummeted on March 15, 2020 to $ 5,542.82.

All over the world there was uncertainty as to how it was affecting the economy and in my country Venezuela was no exception. My only means of income was bitcoin an average of $ 20 per week, if I can solve my economic needs taking into account the fall in the price of bitcoin, volatility and hyperinflation I can confess that bitcoin is anti-inflation.

[Samandra]

Bitcoin as a cryptocurrency, it does have a certain investment value and the ability to resist inflation.

Bitcoin's decentralization means that no government agency or anyone in the world can monopolize the income generated by this asset appreciation, and no one can manipulate this market to obtain extremely high profits. At the same time, because the nature of inflation is the over-issuance of national currencies, the low interest rates of global central banks and huge bond purchase plans have stimulated the demand for Bitcoin. Due to the limited supply of cryptocurrencies such as Bitcoin and their scarcity properties, they can be used as an effective hedge against inflation, so there will be no inflation problem.

[Fundamentals Of]

You are oversimplifying inflation. Excessive money printing is just one tiny part of the concept of inflation. In fact, inflation is an integral part of the fiat money economy. Other than that, there are so many factors surrounding inflation, its rise and fall, and why a certain level has to be maintained.

Yes, Bitcoin is anti-inflation for me, that's why if we have to promote saving, it shouldn't be done with fiat. It should be done with something else like real properties, precious metals, and of course Bitcoin.

[electronicash]

it's anti-inflation because the value is increasing. a $1000 worth of BTC could be worth $1200 after a week. but you will not look at BTC as anti-inflation once the price dips below your buying price.

Bitcoin today is really skyrocketing including the number of people who holds BTC. today people are making money out of it as it's the best performing asset in the world which is not surprising for most of us. lucky for them who wouldn't experience the long bear market.

[S A KHAIR]

it's anti-inflation because the value is increasing.

I don't think it is anti-inflation.
when inflation will become high that is harmful to the economy. again when the inflation level will become too much low that also harms the economy. I think Bitcoin is supposed to use to reduce or control inflation levels but you can't say that it is anti-inflation. Bitcoin can prevent excessive money printing issues or bank corruption but at first, massive adoption of bitcoin has to have occurred.

[Cindella]

Inflation is mostly caused by the large number of paper money printed by the central bank.

And Bitcoin has the property of scarcity, no government or institution can control the number of operations, and it will never be issued at will. Bitcoin can effectively protect against inflation, and using Bitcoin is a good way to resist inflation.

[roosbit]

According to many analyzes, inflation is caused by the printing of money by the Central Bank. Excessive printing of money will create an imbalance in supply and demand, which will have a negative impact on the balance sheet.

What has been described here only applies to fiat and not bitcoin, just as we know volatility is one money feature that applies to bitcoin and can not be applied to fiat. In short inflation and volatility are the only two relations when it comes to supply and demand and are exclusive to each type of money.

As a person who really loves BTC, I want to ask, is Bitcoin anti-Inflation?

You can say it is anti inflationary because you don't print or create new coins at will.

[Saltius]

I may answer yes without hesitation 4 years ago.

But no at this time.
Is gold anti-inflation?
Check out gold price if you wish,  then think why.

I don't think bitcoin in the future could bypass the tricks getting gold price entrapped right now.

[jamkesmas]

According to many analyzes, inflation is caused by the printing of money by the Central Bank. Excessive printing of money will create an imbalance in supply and demand, which will have a negative impact on the balance sheet.
As a person who really loves BTC, I want to ask, is Bitcoin anti-Inflation?

Bitcoin can indeed act as a hedge against inflation due to its limited supply, meaning when there is a demand for bitcoin, the price per coin will go up, but given the highly volatile risk, I think bitcoin is better used as an investment.