Inflation has been on everyone’s mind for the past several years and predictions of run away inflation happen every day. We’ve already seen inflation this year hit 5.4% based on the Consumer Price Index, but most experts agree that real inflation is much higher. Bitcoin has been making a name for itself as a store of value, a hedge against inflation. But the narrative appears to be changing, the elites know that the inflation bubble is going to jeopardize the power of the dollar as a world reserve currency and are talking about making policy changes to bring about DEFLATION. So if inflation was good for Bitcoin, is Deflation bad for Bitcoin?
Today we will look at the effects of deflation and what impact it could have on Bitcoin. First, we’ll start with the basics. What is deflation and what causes deflation? How can we hedge against it?
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