Inflation vs Deflation: A Guide to Bitcoin & Cryptocurrencies Deflationary Nature » Purdy's Two Cents
Cryptocurrencies like Bitcoin, that have fixed supplies, are deflationary by the format they create their native tokens in and offer some unique insights into the dynamics of deflation versus inflation. Inflationary, government-issued currencies have dominated the global financial system in recent history, but that was not always the case, and its implications are important to recognize.