"What’s noteworthy about this point is that, upon this particular halving, Bitcoin “inflating” at a roughly 1.8 percent rate annually will nominally — and by then, quite possibly in real terms — be “inflating” at a rate lower than both the Federal Reserve target of 2 percent per year and current, CPI-based estimates of real U.S. inflation of 1.9 percent annually." - Peter C Earle
Another great piece from Bitcoin Magazine written by Peter C. Earle, detailing the reasons why this next halving will make Bitcoin a true contender in the world of monetary policy. In a very short span, Bitcoin will become the most scarce & strictly defined financial asset on Earth... are you ready?
Check out the original article and follow Peter at the links below:
Other episodes & links to dive deeper into the discussion from the show:
• Stop Calling Bitcoin Deflationary [Conner Brown]
• Bitcoin Obsoletes All Other Money [Parker Lewis]
• Efficient Markets & Bitcoin's Stock-to-Flow [PlanB]
• Guy's Take 26 - The Halving Is Not Priced In
• Article - The Illusions of Hedonics [Antony P. Mueller]
https://mises.org/library/illusions-hedonics
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