#Bitcoin has the ability to retain purchasing power over time due to its fixed supply. Fiat and gold do not have a capped supply, which is why their purchasing power dwindles over time, like an ice cube. Bitcoin supply is inelastic to demand, which is something we have never seen in history.
Prices are inflationary when denominated in fiat.
Prices are deflationary when denominated in #BTC.
All of your arguments are assuming that Bitcoin is already "money" and remains "money"
But why should that be the case?
Please Login to reply.
I already explained how #Bitcoin fulfills the 3 necessities required to be a Money.
Are you aware of the difference between Money and currency?
You did not. You asserted it.
How much value does 1 Bitcoin store?