Your Bitcoin is inflated! 0.8% per year! #BTC #education
Video Transcript:
bitcoin’s issuance rate or what you would consider an inflation rate has now dropped to lower than Fiat and gold to a new inflation rate of 8% let me show you the numbers well the first thing to understand is this rate of issuance is cut in half every 4 years 210,000 blocks that’s 52,500 blocks per year each block has 3.125 Bitcoin which is 164,000 Bitcoin approximately per year year if we divide this by the total Supply what do you get 78% or8 if you are holding Bitcoin well then this inflation rate is inflating what you hold and if you are mining Bitcoin you are being paid this inflation rate aka the 3.125 Bitcoin per block every 10 minutes but the thing to understand is this is all in consensus Satoshi Nakamoto set this monetary policy for the next 100 years
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