I regularly see people equate inflation with price increases. If prices going up were the problem, the solution would be price caps.
Instead, Bitcoin caps the supply of money and regulates the expansion of the monetary supply. This does not guarantee that prices stabilize because money already in existence can be redirected or change hands faster.
pipe
npub1qf…fj6kq
2023-08-17 06:40:30
in reply to nevent1q…5pwy
Author Public Key
npub1qfkcklnmes45z75y7y8dkud5yll8vp5eq5ysk9rmgqdxeasv8unsrfj6kqPublished at
2023-08-17 06:40:30Event JSON
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"pubkey": "026d8b7e7bcc2b417a84f10edb71b427fe76069905090b147b401a6cf60c3f27",
"created_at": 1692254430,
"kind": 1,
"tags": [
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"content": "I regularly see people equate inflation with price increases. If prices going up were the problem, the solution would be price caps.\n\nInstead, Bitcoin caps the supply of money and regulates the expansion of the monetary supply. This does not guarantee that prices stabilize because money already in existence can be redirected or change hands faster.",
"sig": "75978fbe2d9fbadaa81cd82a17b03cf55fda0b8bf375d97d97ed3606d3b11bac1b9942e0e0bfcfc6bbfcb80ac2dc44dd2a8c6c42c0ba48dc1e68617f2035c165"
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