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    Author Topic: Inflation and Deflation of Price and Money Supply  (Read 1498733 times)
    YUriy1991
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    September 13, 2025, 03:47:59 PM
     #1361

    People are so used to inflation that they take it for granted. But this is not the case. Before Columbus discovered America, there was no inflation in the monetary system based on the metal standard (silver and gold). For centuries, the world has lived without inflation. When gold and silver from America flooded into Europe, it was only then that inflation appeared in Europe for the first time (food prices rose, followed by everything else).
    After the complete abandonment of the gold standard, inflation began to rise at a tremendous pace. This is clearly seen in the example of the depreciation of the dollar, for example, over the past 100 years. Inflation makes people spin like a squirrel in a wheel. Moreover, it is ineffective for society as a whole. An inflationary economy is like a bicycle - if it stops (or someone pushes it), it will fall.
    Can Bitcoin solve this inflation problem? Maybe. But bitcoin is a deflationary asset, which is also bad for the monetary system, as it leads to a complete cessation of monetary circulation. At the moment, there is no form of money at all that would be stable over time for a long time.
    It seems that now, in 2025, the global community is increasingly familiar with Bitcoin. Thanks to the influence of news from social media platforms, people around the world are becoming more familiar with Bitcoin. Many young millennials are starting to invest in cryptocurrency, using Bitcoin as their primary reference. However, the problem is that some conservative older generations, who are still less interested in the technology Bitcoin offers, still view gold as a guarantee for their assets. However, if they were more open, Bitcoin could be the real gold of the future. If gold continues to be used as a guarantee against inflation, the consequence will be that more natural resources will be damaged in the future due to the increasing amount of gold mined by humans.
    Wide public adoption of Bitcoin is the answer. In addition to addressing the challenge of inflation on asset values, Bitcoin can also save the earth from the increasingly worrying impact of mining on the environment in the future.

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