Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

Join us now to get access to all our features. Once registered and logged in, you will be able to create topics, post replies to existing threads, give reputation to your fellow members, get your own private messenger, and so, so much more. It's also quick and totally free, so what are you waiting for?
Blue
Red
Green
Orange
Voilet
Slate
Dark
  Guest viewing is limited

❓ASK Bitcoin as a fix for Inflation

Josemendez

Ruby Member
LV
0
 
Joined
Apr 8, 2019
Messages
11,126
Reaction score
285
Points
170
Awards
1
BMF Points
$227
Rating - 0%
0   0   0
The covid-19 pandemic has made the rate of inflation to rise in most countries both the developed ones and the under developed ones , US for exchange despite being a developed country is still facing Inflation challenges and there has been predictions that it will increase by 6.3% in next three years.

Analyst has predicted that bitcoin can go a long way in solving the issue of inflation. In your opinion do you think that bitcoin / cryptocurrency can be able to achieve this ?
I believe that the Volatility of bitcoin can make this possible.
 
Crypto currency could help reduce inflation because as the government continue to increase the money supply , and people invest into crypto asset it could help lower the effect although the volatility might help in a positive and negative direction
 
Inflation happens when there is persistent rise in the price of goods but with Bitcoin inflation can be curbed as the fiat money holds value that appreciates faster than money.
 

📢 Recommended Partners

MGID - Native Performance & Programmatic Advertising Platform MGID Team
0.00 star(s) 0 ratings
Updated
Roobet.com | Crypto’s Fastest Growing Casino 🦘 Roobet.com
0.00 star(s) 0 ratings
Updated
Duckdice.io - Top Crypto Gambling - Bitcoin Dice DuckDice.io
0.00 star(s) 0 ratings
Updated
BMFAds.com - Advertise and Monetize Your CPC, CPM, POP Traffic BMF Staff
4.00 star(s) 4 ratings
Updated

banner

REWARDS: Active Raffles


  • 🤑 Roll 3: Win 100,000 BMF Points!

    The entry period for this raffle ends in..
Back
Top Bottom

Earnings Disclaimer:  All the posts published herein are merely based on individual views, and they do not expressly or by implications represent those of BeerMoneyForum.com or its owner. It is hereby made clear that BeerMoneyForum.com does not endorse, support, adopt or vouch any views, programs and/or business opportunities posted herein. BeerMoneyForum.com also does not give and/or offer any investment advice to any members and/or it's readers. All members and readers are advised to independently consult their own consultants, lawyers and/or families before making any investment and/or business decisions. This forum is merely a place for general discussions. It is hereby agreed by all members and/or readers that BeerMoneyForum.com is in no way responsible and/or liable for any damages and/or losses suffered by anyone of you.