Deflation
The decrease in the general price level of goods and services.
The decrease in the general price level of goods and services.
Deflation is the decrease in the general price level of goods and services. It occurs when the inflation rate falls below 0% (a negative inflation rate). In the context of cryptocurrencies, some argue that Bitcoin could be deflationary as there's a finite supply, and over time, if demand increases, this could lead to increased purchasing power of Bitcoin.
The value of Bitcoin increasing due to its finite supply and growing demand.
