Inflation is problem of every country because every government is continuously printing currency notes and due to this reason value of fiat is going down with time. If you are looking to counter inflation in the long run then best way is to invest in Bitcoin but for long term. Generally its seen that if you are investing in Bitcoin for at least five years then profit given by Bitcoin will easily surpass the inflation rate. The inflation rate will continue to increase in coming years also and we need to take proper measures now to counter that in coming years.  

This is a duo that can’t afford to not exist. So long as we’ve got a government, we would always have a congress and would always have a system that prints money (the banking system), backed by the armed forces and there is nothing anyone can do about it.

However, while Bitcoin might solve inflation problem (in parts), I say that because, it doesn’t go without creating a unique problem of its own which is in volatility. Where in a Bitcoin functional society, we would always have issues to deal with when certain goods on the shelves where bought/produced at higher cost in BTC would have to be sold for less in the bull seasons.


Obviously, it’s a sad reality that we can’t change as these profiling that gives our societies its structure would always continue to exist, continued through the raising of dynasties or we just have others take their place and continue the cycle.

Fiat money is backed by reserves like bonds, gold or any other asset that is preserved to make the country's money stable in the international market. But the harsh reality is that we don't have any kind of transparency in the traditional system, and we, as residents of any country, can only speculate on what the government tells us it has in country reserves. Most of the country's people have no way to track what their country has in reserves because they are not very literate.

Then it is very obvious that, without evidence in the form of transparency, when the government overprints money, this will bring inflation which will become uncontrolled. As the money supply overcomes the country's reserves, its value in the market becomes lower.

This is why Bitcoin is totally contrary to the traditional finance system. I really believe that one day it will overcome the whole traditional system. In my point of view, the current traditional finance system is a big trash system that really needs much upgrading or needs a better replacement. What do you guys think about this?

Unfortunately, a lot may have known already about bitcoin but they remain hesitant on what bitcoin can do for them while sticking to fiat that only made them suffer more because of inflation. That is why constant promotion for bitcoin is still a must, not to attract people to shift their perspective from fiat into bitcoin but to give them clear knowledge that bitcoin is the only key to stop all these money printing problems and get rid of the influence from the centralized banks and government.

Inflation vs Bitcoin on a balance scale makes money available to whoever has more. The man who has more money in fiat currencies doesn't really experience inflation because they have enough and even see inflation as a tool to influence their position, policies and grow their power in the society. While on the otherhand, the man who has more Bitcoin can always refuse the influence of inflation that makes them subject to the influence of the man who has more fiat currency in millions because their Bitcoin holdings has value and may amount to nearly half or more than that fiat currency if converted.

So when I see people ignoring Bitcoin, I just think they don't understand the importance of it as a valuable currency that can bridge the gap of wealth and make inflation look like an opportunity to exercise independence and soverignty knowing that with it's fixed cap, political interference or any individual influence is overridden and it serves as a firewall against CBN control and government control.