Bitcoin and inflation

[Gozie51]

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‎Some people also use Bitcoin as store of value which is very good, just like how people use gold, if inflation reduces the value of fiat or countries currency, Bitcoin can help people protect their savings.

Reasonably countries that have weak local currency look forward to btc for hedge to inflation and they prefer to convert their fiat currency to bitcoin because if that is not done, the value of what that fiat can purchase over a longtime in the future will be reduced from what it can purchase from the present. But I'm not sure that countries whose inflation rate is minimal and stable will have such distrust over their fiat currency since it won't fluctuation. For example with fiat currency like the US dollar, the currency has different characteristics that strengthens it as globally used currency and bringing investment inflow. The US economy is a very large type that most countries have one economic transaction to do with that economy in dollar and so that gives the dollar more boost and stability.


 

[Rockstarguy]

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‎Some people also use Bitcoin as store of value which is very good, just like how people use gold, if inflation reduces the value of fiat or countries currency, Bitcoin can help people protect their savings.

Bitcoin as store of value, this is one of the advantage of investing bitcoin because it brings value to money,  and one interesting thing about bitcoin is that it is one that any one can afford to invest and access from your own comfort. 

The economy is becoming too bad daily and I see bitcoin as the last hope for the common man. The reason why i prefer bitcoin over other store of value is because it is more valuable with time compare to others.

[Bluedrem]

That is why people are interested in accumulating Bitcoin along with various physical assets instead of accumulating fiat currency. Fiat currency is losing purchasing power day by day. For example, if you had 20 thousand dollars 10 years ago, then at that time you could have purchased the amount of physical assets or anything else, but now you cannot buy that amount of physical assets by spending the same amount of money, but if you had purchased gold, silver or Bitcoin 10 years ago, their value would have increased and would be several times higher in fiat currency today.
I personally do not like accumulating fiat currency

[Minor Miner]

The economy is becoming too bad daily and I see bitcoin as the last hope for the common man. The reason why i prefer bitcoin over other store of value is because it is more valuable with time compare to others.

Bitcoin is not the only financial instrument or investment that generates profits. It is not the only way to improve our lives either.
It would be an exaggeration and somewhat short sighted to suggest that it is the last hope for the common man.

You're not alone, I believe that is why we all chose Bitcoin over other asset. The naked truth is we chose Bitcoin because we believe it offers faster and larger returns than any other investment, all other reasons are secondary.

[EL MOHA]

The economy is becoming too bad daily and I see bitcoin as the last hope for the common man. The reason why i prefer bitcoin over other store of value is because it is more valuable with time compare to others.

Bitcoin is not the only financial instrument or investment that generates profits. It is not the only way to improve our lives either.
It would be an exaggeration and somewhat short sighted to suggest that it is the last hope for the common man.

You're not alone, I believe that is why we all chose Bitcoin over other asset. The naked truth is we chose Bitcoin because we believe it offers faster and larger returns than any other investment, all other reasons are secondary.

I think what Rockstarguy meant is actually that bitcoin is the only hope that the common has for store of value not necessarily for profit making alone. The common man cannot go and buy those precious metals or have that such huge amount of money to actually invest in shares or start up some businesses, but with bitcoin they can actually invest as little as $10 unlike other assets. In this context at the moment I think it’s the last hope for the common man.

But I clearly get your point, bitcoin isn’t a poverty alleviation scheme because it is not a job or something like that, it shouldn’t also be exaggerated as a get rich quick scheme that anyone can just invest and get rich, it’s also has its own risk too

[Minor Miner]

Bitcoin is not the only financial instrument or investment that generates profits. It is not the only way to improve our lives either.
It would be an exaggeration and somewhat short sighted to suggest that it is the last hope for the common man.

You're not alone, I believe that is why we all chose Bitcoin over other asset. The naked truth is we chose Bitcoin because we believe it offers faster and larger returns than any other investment, all other reasons are secondary.

I think what Rockstarguy meant is actually that bitcoin is the only hope that the common has for store of value not necessarily for profit making alone. The common man cannot go and buy those precious metals or have that such huge amount of money to actually invest in shares or start up some businesses, but with bitcoin they can actually invest as little as $10 unlike other assets. In this context at the moment I think it’s the last hope for the common man.

But I clearly get your point, bitcoin isn’t a poverty alleviation scheme because it is not a job or something like that, it shouldn’t also be exaggerated as a get rich quick scheme that anyone can just invest and get rich, it’s also has its own risk too

With just $10, you can not invest in physical assets like gold or silver but with the same amount, you can absolutely invest in stock. Currently, there are many platform that support buying fractional shares or investing in digital gold with small amounts of capital.

Honestly, I fully support and encourage people to invest in Bitcoin instead of other asset classes. Because it offers us more opportunities, but we do not need to exaggerate it excessively. Or consider it a lifeline or the only path forward for common man.
Statements like that can easily make common man feel discouraged or hopeless. That would create the feeling that if they do not invest in Bitcoin, they will not have any other opportunity to improve their lives.

Bitcoin is a good opportunity, but it is not the only way forward.

[dezoel]

We should not even rely on the government or expect them to solve the inflation problem. Because they are the ones creating inflation to take our money to cover their budget deficits and maintain their spending. Inflation is a form of indirect taxation, and that's why they will never try to eliminate it

Therefore, we should proactively seek ways to protect our asset and Bitcoin is one of many solution. Besides Bitcoin, we can also choose gold or stocks, which are also tools that can protect us from inflation.

That's their method of being able to payoff their debt. They have so huge deficit that they can't just tax us 100%, they want to, they tax as much as they can, but they can't get enough.

Specially considering their rich friends who own mega corporations just keeps bribing them (or threaten them with leaving) so they pay very little while making trillions. So in return, they just print money whenever they have to pay a debt, which causes them to have bigger debt and they keep repeating that action.

[Lucius]

It's not that simple. In general I agree that Bitcoin can be deflationary. But the following assumptions seem like hot bear takes, but are all true:

- Bitcoin was inflationary since October 2025 if we consider the CPI measured in Bitcoin. Inflation was around 100%, worse than Argentina's (~30%)!
- It is also still slightly inflationary if we consider the money supply.  Each year, around 164000 Bitcoins get printed out of thin air, worth currently more than 10 billion USD.
- Bitcoin's supply will be inflationary until 2140.
~snip~

True, but if you look at the bigger picture, then it should be said that the largest part of about 1 million BTC will be mined in the next 5-6 years, and 1% (210 000) will remain for the next 100+ years. Even today, the influence of newly created coins is almost insignificant, even if we are talking about the value of tens of billions on an annual level, because within 24 hours it trades with BTC worth more than $40 billion.

For some, Bitcoin has already beaten inflation if you consider that they invested almost worthless fiat and turned it into a super valuable Bitcoin that allows them to live a less stressful life today.

[slapper]

Inflation on that scale doesn't just happen (the kind where people functionally abandon the local currency). It's an effect of decisions. Specific ones. Made by specific people. And the citizens that end up scrambling for alternatives, buying Bitcoin, converting to dollars, whatever, that's not a reaction to a natural phenomenon. They're responding to the result of a policy. There's a difference and it makes the solution look different.

The volatility is not a minor caveat. It's an enormous part of the picture. One looking to protect Naira of savings that they have worked for months. They can't afford to see that fall by half in a crash. Gold doesn't do that. Bitcoin does.

So maybe the true insight is this: it's not Bitcoin that is the solution. It's because the risk people are willing to take is so high, because the slow loss occurs for sure and that is worse.

And what I find really interesting and kind of heavy about that is how this changes people. Once you realize that the system you were told to trust always against you, it changes the way you view authority totally. That is a much bigger thing than crypto.

I believe it's the most underrated result of chronic inflation. Nobody puts that in the economic data.

[Cryptomultiplier]

The economy is becoming too bad daily and I see bitcoin as the last hope for the common man. The reason why i prefer bitcoin over other store of value is because it is more valuable with time compare to others.

Bitcoin is not the only financial instrument or investment that generates profits. It is not the only way to improve our lives either.
It would be an exaggeration and somewhat short sighted to suggest that it is the last hope for the common man.

You're not alone, I believe that is why we all chose Bitcoin over other asset. The naked truth is we chose Bitcoin because we believe it offers faster and larger returns than any other investment, all other reasons are secondary.

I think what Rockstarguy meant is actually that bitcoin is the only hope that the common has for store of value not necessarily for profit making alone. The common man cannot go and buy those precious metals or have that such huge amount of money to actually invest in shares or start up some businesses, but with bitcoin they can actually invest as little as $10 unlike other assets. In this context at the moment I think it’s the last hope for the common man.

But I clearly get your point, bitcoin isn’t a poverty alleviation scheme because it is not a job or something like that, it shouldn’t also be exaggerated as a get rich quick scheme that anyone can just invest and get rich, it’s also has its own risk too

Bitcoin isn't a get rich quick scheme nor is it a poverty alleviation scheme, but it could be a wealth generation scheme in some way with a steady DCA strategy for a decade at least.

No doubt the inflation has caused more adoption of Bitcoin above other cryptocurrencies because of its value and price unpredictability which could make one rich or become less richer according to the price movement at any time due to volatilities.

With almost about only $1million left to be mined for Bitcoin, even the government officials that sue to tax or regulate Bitcoin in many countries, may have some stash of BTC in a private wallet somewhere because of all these wars and crisis that is sure causing price inflation in many countries around the world.

[batang_bitcoin]

That's their method of being able to payoff their debt. They have so huge deficit that they can't just tax us 100%, they want to, they tax as much as they can, but they can't get enough.

They want to implement the old style of forced labour but today, it's now with the taxes. I agree that they can't just do it 100% to tax us because of how liberated and things have changed. They want to tax us whole of what we've earned but they can't due to the changes of the government type that we've got and mostly about the democracy that's being applied today. Thank goodness that we've got Bitcoin, it is against the system and now the system is wanting to adopt it as well because the people who have understood decentralization is starting to see the light of what they're doing against us.

[MarjorieZimmermanGinger]

‎Some people also use Bitcoin as store of value which is very good, just like how people use gold, if inflation reduces the value of fiat or countries currency, Bitcoin can help people protect their savings.

This seems to be the case. In the past, during times of economic stress, such as crises, people began to consider shifting their money to gold, but now many people are starting to buy Bitcoin. This shows that Bitcoin is also an asset that can protect value. During times of inflation, some people consider moving their money to Bitcoin. High volatility doesn't diminish the essence of storing value, as Bitcoin has long-term resilience, so people are starting to understand how to utilize this store of value when Bitcoin becomes their preferred asset. Bitcoin can help anyone as long as they have the ability to hold it and it can also help someone achieve financial freedom if invested regularly and in a measured manner.

[Hewlet]

‎
‎Some people also use Bitcoin as store of value which is very good, just like how people use gold, if inflation reduces the value of fiat or countries currency, Bitcoin can help people protect their savings.

There's a clear difference between long term solution and short term solution to every economic problem and often times, the part we tend to choose is mostly a short term approach that doesn't last for long.

You can invest your funds in bitcoin as an edge against inflation but the question then is, to what end? If you're not ready to solve the economic problems you're facing, then mere investment in bitcoin will look like you're running away from the reality you're facing as a nation

[ZAINmalik75]

‎Some people also use Bitcoin as store of value which is very good, just like how people use gold, if inflation reduces the value of fiat or countries currency, Bitcoin can help people protect their savings.

The young generation is smart, they are taking a rational response to a broken system. When the system fails its people, the people find alternatives, and Bitcoin is the best alternative they have got. Not only for the Nigerians but for everyone because when the fiat loses value by 50%, then keeping your savings in a bank is not conservative, but the destruction of your money.

By the way, some even invest in bitcoin to have both benefits, to save their wealth from inflation which is a long-term concept but they also want to make money in the short term which is not possible and shows their lack of knowledge. Therefore it must be held for at least 4 years and this must be told to the newbies from the start.

[Stalker22]

Actually, the rest of the world is actually starting to feel a similar squeeze right now.

Sure.  The current economic crisis in Nigeria is severe; however, other parts of the world are experiencing similar inflationary pressure recently.  An odd inflation gap has also emerged. For instance, when energy costs have risen again as a result of new wars breaking out in the Middle East, inflation in the United States rose above 3% in the month of March 2026.  Europe has not been immune to this inflationary trend either.  food prices increased again and not to mention housing and rent prices.

It is truly interesting to see how Nigeria has become a global leader in this regard - but it is not only a trend within their country but also a survival method that is now being emulated by many other countries around the world.