Kylesantiago on Nostr: #Bitcoin has the ability to retain purchasing power over time due to its fixed ...

#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.