Inflation occurs when the money supply or the velocity of money increases rapidly, causing prices to rise and reducing the value of currency. Bitcoin is deflationary due to its finite supply. The finite supply protects bitcoin from hyperinflation. A government’s ability to print an unlimited amount of currency has caused periods of hyperinflation that have driven the value of many fiat currencies, including the German Mark and Zimbabwean dollar, down to zero. Price of bitcoin today in usd Monthly figures are as of the end of that particular month; Opening price
Current bitcoin price in dollars
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River Intelligence
As it grew in popularity, Bitcoin became cumbersome, slow, and expensive to use. It takes about 10 minutes to validate most transactions using the cryptocurrency and the transaction fee has been at a median of about $20 this year. Bitcoin’s unstable value has also made it an unviable medium of exchange. It is as though your $10 bill could buy you a beer on one day and a bottle of fine wine on another. MicroStrategy Q1 Operating Loss of $53.1M After Bitcoin Holdings Impairment Charge of $191.6M @tradingjunkies.shop
Bitcoin dollar price
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