With the next halving, the BTC inflation rate will drop below the US dollar inflation rate. : Bitcoin
With the next halving, the BTC inflation rate will drop below the US dollar inflation rate.
This will be new territory for Bitcoin, by no means seen earlier than.
BTC inflation rate is about three.67% proper now. supply: https://www.bitcoinblockhalf.com/
US Dollar inflation rate is about 2.5% proper now. supply: https://www.usinflationcalculator.com/inflation/current-inflation-rates/
After the halving, the BTC inflation rate will drop to 1.eight%.
Furthermore I’m of the private opinion that financial fallout from China’s Covid19 actions will set off a worldwide recession, and a extreme one at that. I believe many governments will inflate their currencies much more than they already do.
Regardless, Bitcoin is coming into uncharted territory for the first time in its existence…. beating the US dollar in an vital benchmark. It will be shut, however BTC will have the slight edge. I’m not educated sufficient to foretell ramifications of this, however it’s not a trivial milestone.
Any ideas on BTC passing the USD?