If bitcoins are created out of thin air doesn't that mean that their inflating their bitcoins and decreasing their value?
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If bitcoins are created out of thin air doesn't that mean that their inflating their bitcoins and decreasing their value?
No, because the entire timeline is outlined the net present value takes that into consideration. It's not the change in the money supply as is taught that causes inflation, it's actually the change in the rate of change. When the data changes the value changes... that's why all the price action on USD etc. occurs when rates change (or tax bill gets passed etc.), all future changes are getting priced in. At least in theory... reality is slightly different, but it starts to get complex.