Bitcoin And Cryptocurrencies Inflationary Vs Deflationary
Prices of commodities are rising sharply while wages remain stagnant, meaning inflation is at its peak globally. With crypto prices falling sharply, investors who believed that Bitcoin and cryptocurrencies were an essential hedge against inflation wonder if they made the right choice. Inflation vs. deflation Inflation happens when a currency’s supply gets so high that it loses its value or buying power. Deflation, on the other hand, refers to the situation where a currency’s value or buying increases in reference to short supply....