Tuesday, 11 August 2020

I am confused about btc.

People said it will be high-inflation. So we buy bitcoin. But bitcoin'price raise more than inflation.

Ex: BTC was 8000 last year(average). Now it is 11875. But our rent and house is not increase. A lot of people said he sold his old car get bitcoin to buy a new car. It look like high-deflation.

Where is the inflation?

It just look like short term difference price of Financial leverage.

Anyone has the answer?

submitted by /u/chiawei1984
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source https://www.reddit.com/r/btc/comments/i7k33q/i_am_confused_about_btc/

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