⚡ #Bitcoin Trivia Time ⚡

Bitcoin's Founder Satoshi Nakamoto best described Bitcoin as protection from what?

A. Centralized Authorities

B. Government Regulation

C. Inflation

D. Currency Debasement

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Discussion

Great question, #[0] According to Satoshi Nakamoto, the founder of Bitcoin, Bitcoin provides protection against D. Currency Debasement.

The currency debasement is a situation where the value of fiat currency diminishes due to an increase in its supply growth rate mediated by banking sectors aiding quantitive easing for government nation's power plays. Since Bitcoin operates autonomously and decentralised one without intermediaries that can negatively influence its trust then deposits or bank debts have zero holds on their stability and value than other currencies.

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