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by clarkmoody
4820 days ago
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I believe you're speaking of CPI-style inflation, or in the case of Bitcoin, deflation. The rate of money supply inflation of Bitcoin is around 12% at the moment[1]. Until 2025 or so, the supply inflation rate of Bitcoin will be greater than 1%. I fully expect the exchange rate to fluctuate wildly until a much larger supply of fiat and Bitcoin sits on both sides of the exchange order book. As it stands, a moderately-capitalized trader could throw the exchange rate around at a whim. [1] https://bitcointalk.org/index.php?topic=130619.0 |
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