"What’s noteworthy about this point is that, upon this particular halving, Bitcoin “inflating” at a roughly 1.8 percent rate annually will nominally — and by then, quite possibly in real terms — be “inflating” at a rate lower than both the Federal Reserve target of 2 percent per year and current, CPI-based estimates of real U.S. inflation of 1.9 percent annually." - Peter C Earle
Another great piece from Bitcoin Magazine written by Peter C. Earle, detailing the reasons why this next halving will make Bitcoin a true contender in the world of monetary policy. In a very short span, Bitcoin will become the most scarce & strictly defined financial asset on Earth... are you ready?
Check out the original article and follow Peter at the links below:
https://bitcoinmagazine.com/articles/the-kindest-cut-why-the-2020-bitcoin-halvening-is-the-most-important-yet
https://twitter.com/L1KNB
Other episodes & links to dive deeper into the discussion from the show:
• Stop Calling Bitcoin Deflationary [Conner Brown]
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_314---Stop-Calling-Bitcoin-Deflationary-Conner-Brown-e8p1o3
• Bitcoin Obsoletes All Other Money [Parker Lewis]
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_345---Bitcoin-Obsoletes-All-Other-Money--Parker-Lewis-eahce1
• Efficient Markets & Bitcoin's Stock-to-Flow [PlanB]
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_344---Efficient-Markets--Bitcoins-Stock-to-Flow-PlanB-eaco0i
• Guy's Take 26 - The Halving Is Not Priced In
https://anchor.fm/thecryptoconomy/episodes/GuysTake_026---The-Halving-is-Not-Priced-in--Heres-Why-eagkrd
• Article - The Illusions of Hedonics [Antony P. Mueller]
https://mises.org/library/illusions-hedonics
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