Bitcoin is technically inflationary at present, since new bitcoins are issued approximately every 10 minutes until the 21 million maximum supply is reached. However, some sources mention disinflationary mechanisms linked to the halving events, which gradually slow Bitcoin’s issuance rate. As a result, the growth of Bitcoin’s supply decreases over time.
Other sources argue that Bitcoin is deflationary. But this is only true in its long-term trajectory. Once this limit is reached, estimated around the year 2140, no more bitcoins will ever be created. In addition, unlike fiat currencies, bitcoins that are lost (for example, when private keys are forgotten) are gone forever, which can reduce the total supply.
Bitcoin is technically inflationary at present, since new bitcoins are issued approximately every 10 minutes until the 21 million maximum supply is reached. However, some sources mention disinflationary mechanisms linked to the halving events, which gradually slow Bitcoin’s issuance rate. As a result, the growth of Bitcoin’s supply decreases over time.
Other sources argue that Bitcoin is deflationary. But this is only true in its long-term trajectory. Once this limit is reached, estimated around the year 2140, no more bitcoins will ever be created. In addition, unlike fiat currencies, bitcoins that are lost (for example, when private keys are forgotten) are gone forever, which can reduce the total supply.