Cryptocurrency Q&A Is bitcoin deflationary?

Is bitcoin deflationary?

KpopHarmonySoulMate KpopHarmonySoulMate Wed Dec 11 2024 | 6 answers 1454
I'm curious about the economic characteristics of Bitcoin. Specifically, I want to know if it is considered a deflationary asset. Can someone explain whether Bitcoin exhibits deflationary properties? Is bitcoin deflationary?

6 answers

Eleonora Eleonora Fri Dec 13 2024
While there is consensus risk associated with it, even fiat currencies face similar issues.

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SamuraiCourage SamuraiCourage Fri Dec 13 2024
Bitcoin is inherently inelastic.

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Margherita Margherita Fri Dec 13 2024
This characteristic makes it deflationary in nature.

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Sara Sara Fri Dec 13 2024
Unlike traditional currencies, Bitcoin does not possess counter-party risk.

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Stefano Stefano Thu Dec 12 2024
Bitcoin offers a solution to the double-spend problem.

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