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Bitcoin will soon become the hardest asset, surpassing Gold with a lower inflation after the next halving.

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by COINS NEWS 65 Views

Bitcoin will soon become the hardest asset, surpassing Gold with a lower inflation after the next halving.

It seems like the debate for the hardest asset will finally be settled soon. Between Bitcoin and Gold we can not really say when BTC will have a higher market cap than Gold (which would need it to be at $625k) but we can now say which one is going to become the “hardest“ asset, meaning the asset that is the most scarce and has the least inflation rate.

Right now the Bitcoin supply has a inflation rate of roughly 1.73% and it mostly remains stable there. Meanwhile Gold has a inflation rate of 1.6%, so there is not much of a difference left here and Bitcoin has a trick up his sleeve…

Chart from Charles Edwards on Twitter

The Halvings, with each halving the inflation rate of Bitcoin declines and that is exactly what Satoshi Nakamoto was intending when designing the mining structure of Bitcoin. We can also visually see it on this graph and the Halving in 2024 will eventually make the BTC inflation rate drop even below 1%.

Apart from this comparison its just great new for Bitcoin itself to in just a bit over a year to have a inflation rate below 1%, Bitcoin Halvings are truly the best thing about Bitcoin.

submitted by /u/partymsl
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