Inflation or Deflation?

One thing we can't escape in any place in the world is #INFLATION ??

Everyone knows this word from their school days. It happens everywhere, even in countries with thriving economies.

But have you heard of DEFLATION? It's a term mainly known to economists and...#cryptocurrency enthusiasts.

Yes, that's right. Many cryptocurrencies are designed to be deflationary, just like #Bitcoin.

Apparently, Satoshi Nakamoto was fed up with the constant price hikes and the inability to save, so he came up with a way to forever forget about inflation.

This is mainly achieved through a limited emission of 21,000,000 coins. This is not like the dollar, which can be printed endlessly, devaluing note after note.

Yes, this approach has received some criticism from economists who rely on the experience of the 19th century crises (what a pity, not the Stone Age). But social science is not mathematics, and Bitcoin is not dollar. Therefore, whether they are right or wrong will only be seen by the time the last Bitcoin is mined around 2150.

As of today, one thing is clear: Bitcoin behaves similarly to gold. There are speculative slumps and spikes against the news agenda, but for 14 years now, the currency has only been growing globally.

So, seeking refuge from inflation, people turn to long-term #investing in crypto. With Coinhold, you can securely store the most reliable coins, including Bitcoin, and receive daily rewards. If you were waiting for a sign to start, this is definitely it!

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