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Bitcoin

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2022-06-01 15:14:26 UTC
What impact of digital currencies like bitcoin have on money creation and bank liquidity?
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avatar29d
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2
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2022-06-02 10:11:51 UTC
<p>Overall, very little so far... money creation will likely slow down to not overinflate USD etc. Its weird to have purchasing power leaving the system like that for the first time. Bitcoin is also the new standard for money creation scam copycats.</p>
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2022-06-03 15:54:39 UTC
<p>It will reduce, and eventually stop, inflation and thus the <a href="https://en.wikipedia.org/wiki/Richard_Cantillon#Monetary_theory" target="_blank">cantillon effect</a>.</p>
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