Inflation is not necessarily needed in an economic system. With #Bitcoin, the limited supply of 21 million coins provides a different approach. The scarcity and predictable issuance of Bitcoin make it a deflationary asset. This encourages responsible financial behavior and long-term value preservation.
As demand for Bitcoin increases, its value tends to rise over time.
I appreciate your answer, but I don't find it enough convincing
Before I started using #nostr and seeing people zapping as a regular basics, I had seen many people invested in Bitcoin in order to make themselves wealthier in short time
We all know the result of that short-term hype and its consequences
I understand the advantages and the benefits of Bitcoin, but I realized it's dollar losing its value not Bitcoin's value increases by the time and most people just pay attention to the later phrase 😞
Please do not consider this is a criticism against Bitcoin and/or #nostr , it's just I couldn't find a satisfied answer about whether Bitcoin would benefit humanity or not
