0 sats \ 0 replies \ @7e6e393a56 12 Nov \ on: I don't get when people say 1 sat=1 sat bitcoin
A large monetary circulation (through government stimuli of direct transfer of money from governments to the population), creates the perfect storm for inflation.
Inflation is nothing more than the excess of currency in circulation, the increase in prices is its consequence. With more currency in circulation, given the main law of the economy (supply and demand), the currency ends up devaluing.
The great truth is that if it were possible for us to simply maintain our purchasing power, in the long term, we would be at a much higher level today.
The power of decentralization and the possibility of the owner of the cryptoactive having full control over their resources is something libertarian and protective, since the irresponsibility and excesses of centralizing governments would be insufficient to reach the purchasing power of someone exposed to Bitcoin.