1. Money isn't just created.
2. Bitcoin is not inflation save either.
And much more volatile.
2. Bitcoin is not inflation save either.
And much more volatile.
Er.. It is.
Between quantitative easing and fractional reserve banking it is created in 2 ways.
Spend some time reading and researching on these topics please
The banking crisis was the last big thing which imploded but otherwise we do create eqvilent new wealth with it. Real one
Bitcoins price may vary against other assets but it's supply will never exceed 21m
'Inflation is the rate of increase in prices over a given period of time'.
Either this will break Bitcoin because it is limited or the Bitcoin domination will change.
Already people are no longer buying one Bitcoin but subbitcoins like 0.01
Edit: and just in case you want to argue that this is deflation: Deflation is also bad. But BTC might reach a fluctuation point were it would see deflation and inflation.