SamsungShiningStar
Thu Nov 21 2024
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6 answers
1137
How do you know if a coin is deflationary?
I'm trying to figure out how to determine if a coin is deflationary. I want to understand the characteristics or features that would indicate a coin is experiencing deflation.
KDramaLegendaryStarlightFestival
Mon Jul 08 2024
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8 answers
2065
Is bitcoin a deflationary coin?
As a keen observer of the cryptocurrency and financial markets, I often come across the question: "Is Bitcoin a deflationary coin?" This inquiry begs for a deeper understanding of Bitcoin's economic properties. A deflationary coin, in essence, is one that sees a decrease in its supply over time, often leading to an increase in its value. With Bitcoin's finite supply capped at 21 million coins, it seemingly fits this narrative. However, there are nuances to consider. How does the mining process affect supply? What role does network activity play? Join me as we delve into the complexities of Bitcoin's economic model to determine whether it truly is a deflationary coin.
