Inflation is a general rise in the price of goods measured in a particular currency. Inflation indicates a reducing value of currency so that over time, more and more of that currency is required to purchase the same value of goods.

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2answers
77 views

How are new bitcoins created without monetary inflation?

As bitcoins are mined are older bitcoins retired? If not, how is monetary inflation prevented? Wouldn't the additional bitcoins cause the overall value of bitcoins to be deflated?
2
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1answer
129 views

Is there a way to make a crypto-currency stable by design? How? [duplicate]

I'm just wondering if there's any way of creating a crypto-currency that is stable by-design. How would one do so? Can there be something like a "central bank" built in into the currency client? I ...
0
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1answer
76 views

Is bitcoin deflation a bad thing? [duplicate]

I have read that bitcoins are relatively immune to inflation and will actually deflate in value: Once 21 million coins exist, they become deflationary since no new coins are issued and, as ...
2
votes
4answers
508 views

Is Bitcoin deflationary and inflationary at the same time?

I was wondering as Bitcoin is represented in the public and media as a deflationary currency (for more adept media as payment protocol). Is it really deflationary? Deflation is described on Wikipedia ...
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3answers
756 views

Inflationary (no total coin limit) cryptocurrency where miners keep all new coins

Is there an inflationary cryptocurrency with following features? No fixed limit on total coins (coins will be emitted forever). Miners are the only source of new coins. Mining reward (new coins) go ...
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1answer
544 views

How can bitcoin be finite? [closed]

Even if a finite number of coins exist if it can be split up by sending out .000001 per say than I don't see how that wouldn't be infinate money. Because lets say you have one bitcoin that is worth 1 ...
6
votes
2answers
2k views

Could there be hyperinflation in Bitcoin?

Currently the creation of new coins is fixed at a certain rate which halves every few years and will at some point in the future drop to zero. As I understand it, this is by consensus, i.e. all the ...
4
votes
1answer
398 views

Why are fiat Currencies inflationary and Bitcoin deflationary?

Why are all fiat currencies inflationary, and lose value with time? Could governments make them deflationary? What are the advantages of inflationary currency compared with deflationary currency? ...
2
votes
2answers
231 views

How many coins are needed to ensure stability i.e. neither inflation nor deflation?

The key to currency stability is to have neither too many nor too few of a currency in circulation. So what is the "Goldilocks" area going to be if Bitcoin really catches on and everybody wants to use ...
7
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4answers
303 views

Psychological price

I live in Europe, and more than a decade ago our national currency was replaced by the Euro. For a few years, everyone calculated back the price in Euro to the old currency when buying something, ...
14
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7answers
3k views

Are bitcoins really immune to inflation?

I see people everywhere saying that bitcoins are immune to inflation but nobody has explained it adequately to me. I understand why bitcoins would be more or less immune to inflation cause in ...
6
votes
5answers
823 views

Should fractional reserve banking be prohibited through the bitcoin protocol or otherwise, and how could such a change be implemented?

There's a massive macroeconomic debate between Keynesians, who want central banks to control the money supply, and Austrians who want no central banks doing any such thing--or at least competing ...
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3answers
535 views

Cryptocurrency with less deflationary properties

I wonder what is the benefit of having Bitcoin reduce the coins mined per block over time? Suppose a slightly less deflationary growth scheme was possible (and keep other properties that make Bitcoin ...
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3answers
409 views

Changing Bitcoin's deflationary nature

One of the most common criticisms made against Bitcoin is related to its deflationary nature. Regardless of the advantages and disadvantages of an inflationary system, would it possible to change the ...
16
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6answers
531 views

Will forks and alternative block chains cause hyper-inflation of decentralized digital money?

Great effort has been put into Bitcoin's concept of money supply and that there will never be more than 21 million units. However, it's relatively easy to fork it and create alternate block chains. ...