How does bitcoin protect against inflation

by Saxtheowl   Last Updated September 11, 2019 16:27 PM

In an economy where the price of goods keep inflating, like a car going from 10 000 dollar to 20 000 dollar in 1 years, what would be the incentive for people to put their money in bitcoin, wouldn't the bitcoin price stay the same or decrease because people need their fiat money even more ?

Answers 1

The total number of bitcoins that will ever exist is limited unlike USD. (which is also an important difference between Bitcoin and Ethereum)

September 11, 2019 16:12 PM

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