Bitcoin Doesn't Have Inflation - Bitcoin Rocks!
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AngieBitcoin Doesn't Have Inflation - Bitcoin Rocks!
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AngieBITCOIN DOESN'T
HAVE INFLATION
BUT YOUR
MONEY DOES
Choose your money...
U.S. DOLLAR
If you had $100 saved in 2020... you only have $50 of
purchasing power today.
You may still have that $100 in your bank account, but it buys
you half as much as it did a few years ago.
In the United States, there is no fixed limit on how many US
Dollars can be created. This unlimited supply is the root cause
of inflation.
Over the last few years, the total amount of US Dollars in
existence has doubled. This money printing has caused record
inflation.
Everything costs more now, because money printing made your
dollars worth less.
WHAT CAUSES
INFLATION?
While supply chains and some corporations contribute to
artificially rising prices, the root cause of inflation is the
expansion of the money supply.
About 50% of all US Dollars that exist today were created
between 2020 and 2023. This was a huge expansion of the US
Dollar money supply and will not be the last time this happens.
When more money is created from nothing, the price of
everything in that money goes up. This includes the raw
materials costs companies have to pay for their products, which
means higher prices for you.
Inflation is not just rising prices. Inflation is when your money
becomes worth less over time.
HOW DOES INFLATION AFFECT ME?
Many people know about Compound Interest, but few people
know about Compound Inflation.
With our Compound Inflation Calculator, you can easily
calculate the amount your salary needs to increase to maintain
your purchasing power over time.
Simply enter your current salary, inflation rate, and the number
of years you want to calculate for, and our calculator will show
you what your salary needs to be to keep up with inflation.
Current Salary:
Example: 55000
Inflation Rate:
Example: 8.5
Years:
Example: 5
CALCULATE
DOES BITCOIN HAVE INFLATION?
Inflation is essentially your piece of the "money pie" getting
smaller each year. So does Bitcoin have inflation?
Bitcoin has a fixed supply of 21,000,000 (21 million) bitcoin that
will ever exist. The 21 million supply limit is fixed in code and
secured by the most powerful computing network in the world,
called The Bitcoin Network. This limit cannot be changed.
While Bitcoin doesn't have inflation, it does have issuance.
Issuance is the percent of new Bitcoin mined each year. Bitcoin
miners secure the network, process Bitcoin transactions, and
get paid for their work.
More than 90% of all bitcoin has already been mined. More
than 99% of all 21 million bitcoin will have been mined by the
2030s, and the remaining less than 1% will be mined by the
year 2140.
Even though there is issuance up to the fixed supply of 21
million bitcoin, the entire point is that your slice of the 21 million
bitcoin pie never gets smaller. This is in sharp contrast to the
US Dollar system where your slice of the pie gets smaller every
year when more money is printed from thin air. You can't print
more bitcoin.
WHAT IS
BITCOIN?
Bitcoin is 2 things: a digital money and a computer network.
You can send Bitcoin (the digital money) directly to other
people using The Bitcoin Network (the computer network).
Bitcoin is a radically new way to store and transact value. Unlike
normal financial networks, The Bitcoin Network is able to
operate without central authorities or trusted administrators.
That makes Bitcoin the first ever open and borderless money.
Bitcoin is digital money that gives you complete ownership over
your wealth. For the first time in human history everyone can
own an asset that is truly scarce, doesn't require permission to
be used, and can't be confiscated when stored properly.
Bitcoin can be sent anywhere in the world, quickly and cheaply.
It has no need for a 3rd party transmitter, like a bank.
Bitcoin allows anyone to store their wealth safely and securely
without worrying about the government stealing it or inflating
away its value through money printing.
You can easily self-custody your Bitcoin to take full control of it,
giving you full access to the power of Bitcoin. If you can
download an app, you can self-custody Bitcoin and store your
wealth without relying on anyone else.
Bitcoin is better money.
CAN BITCOIN PROTECT MY MONEY
FROM INFLATION?
Bitcoin has historically been great at protecting people from the
inflation of their local currency. Many people who use Bitcoin as
an inflation hedge store money that they can afford to keep as
Bitcoin for a long period of time.
US Dollars have lost 90% of their purchasing power since 1950
as politicians printed more of them. Bitcoin’s fixed supply makes
it the best way to save your money for the long term.
When you save in Bitcoin, everything tends to get cheaper in
the long run. With government currency, everything tends to
get more expensive.
I HEARD BITCOIN IS SUPER VOLATILE.
IS THAT SAFE?
In the short term, the value of Bitcoin tends to fluctuate, but the
volatility observed on a day-to-day basis "disappears" in the
long term.
Bitcoin continues to get less and less volatile over time. As
more people use Bitcoin as a long term savings account, the
more its value stabilizes.
Many people choose to store value in Bitcoin for many years as
a safe way to minimize the risk of volatility and protect their
purchasing power over time.
In some countries, such as Venezuela, Sudan, Lebanon, Syria,
Argentina, Turkey, and so many others, the value of the local
currency inflates away so quickly that Bitcoin is seen as the
more stable way to save money.
I CAN'T AFFORD A WHOLE BITCOIN
Just like a dollar is made up of 100 cents, a bitcoin is made up
of 100,000,000 (100 million) sats.
You don’t have to own a whole bitcoin. Most people just own
sats. Sats are fractions of a bitcoin. For example, if 1 whole
bitcoin is $50,000 then $1 buys you 2,000 sats!
HAS BITCOIN EVER BEEN HACKED?
You may have heard about a "Bitcoin hack" in the news. Most
people read these articles and believe the Bitcoin Network has
been hacked when that is not the case.
What's the Bitcoin Network? Well, think of Bitcoin the currency
as a train. The Bitcoin Network is the train tracks.
When you read about a Bitcoin hack in the news, you're
reading about a custodian getting hacked. Custodians are
companies that hold your Bitcoin for you. However, that comes
with a risk: losing your Bitcoin when the company mismanages
it or goes out of business. This happens frequently, which is
why it's a better idea to self-custody your Bitcoin.
The beauty of Bitcoin is that you can self-custody it. This means
you can take full control over your Bitcoin by downloading your
own Bitcoin wallet. This may sound complicated, but it is as
easy as downloading an app.
The Bitcoin Network has never been hacked and is the most
secure computer network in the world. Even if you combined all
the Facebook, Amazon, Apple, Netflix, and Google servers, the
Bitcoin Network would still be more powerful and more secure.
DOESN'T BITCOIN USE A LOT OF
ENERGY?
Bitcoin uses energy to secure the network and ensures the
Bitcoin you own can’t be taken from you.
Bitcoin uses a significant amount of energy, and this is a great
thing for many reasons.
— Bitcoin is the most secure computer network in the world.
— Bitcoin helps stabilize the Texas energy grid with bitcoin
mining.
— Bitcoin reduces emissions from oil drilling.
— Bitcoin still uses less energy than Americans use for
Christmas Lights each year.
You can read about these amazing ways Bitcoin is improving
the world on our main website at bitcoin.rocks
GET STARTED
WITH BITCOIN
Learn more about Bitcoin
WEBSITE Bitcoin.rocks
Get your first Bitcoin Wallet
GUIDE Bitcoin.rocks
Start Saving in Bitcoin Today
WEBSITE River.com
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