This has undoubtedly been the year of inflation, we had many countries reach decade-high or even record high inflation (as the EU countries). This has also been the main factor for the downturn on all financial markets, as now many central banks had to raise their interest rates to also decade-highs and that at a speed that never seen before. The rising global inflation has indeed been a factor to influence crypto prices. But BTCs inflation is a completely other story. While it has been high at the beginning of its story there has been a steady decline since then, and you guessed it, it was due to the halvings. The halvings are probably the most clever implemention in crypto history, ever. Satoshi Nakamoto really knew what he was doing there. Here is also a graph showing the process of that declining inflation that will also proceed into the future to a point where we will visually have no inflation at all. [link] [comments] |
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