5 sats \ 0 replies \ @3 13 Jun 2023 \ on: What is the difference? bitcoin
Conventional currency does have inflation caused by printing money.
Gold has less inflation than conventional currency because it's not created as fast. If we included fools gold in with actual gold, then gold would be inflating much faster. But we dont include fools gold in with actual gold, cause we're smart and we aren't easily fooled.
Bitcoin has less inflation than conventional currency because its' not created as fast. If we included crypto currency in with actual bitcoin, then bitcoin would be inflating much faster. But we dont include cryptocurrency in with actual bitcoin, cause we're smart and we aren't easily fooled.