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25 days ago
12

We'd like to share some thoughts on inflation and how Bitcoin stands in relation to traditional currencies.

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1. Inflation and Traditional Currencies:

Inflation is an economic phenomenon that results in the depreciation of the value of currency over time. It is associated with an increase in the cost of consumer products.

Fiat currencies, such as the dollar or the real, are subject to issuance policies controlled by centralized institutions. This means that central banks can print more money, increasing the money supply and, consequently, inflation.

2. The K Per Cent Rule:

* The economist Milton Friedman proposed the "k percent rule", which suggests that the money supply should grow at a predetermined rate. However, this rule was never widely adopted by central banks.

* The inflation targeting system, used by many countries, seeks to keep inflation within a pre-established band. It has worked relatively well but faced challenges after the 2008 financial crisis.

3. Bitcoin and Inflation:

Bitcoin is different from traditional currencies. Its money supply is predictable and follows a fixed schedule. Every 10 minutes, new bitcoins are mined, and this rate decreases over time.

* Currently, the total number of bitcoins mined per year is around 328,000, which represents an inflation rate of approximately 1.8%.

* In comparison, the US consumer price index reached 6.8% in November 2021, the highest since 1982.

4. Bitcoin as a Hedge Against Inflation:

* Given the high inflation in traditional currencies, many investors see Bitcoin as a hedge asset.

* Bitcoin has five times less inflation than the dollar, making it an interesting alternative for preserving purchasing power

* Its decentralized nature and independence from governments or institutions also contributes to its attractiveness.

We would like to present an opportunity that may be of interest to you: Bitcoin Mining Plans at Life Miner.

Why Diversify into Mining?

- Bitcoin mining is an essential activity for maintaining blockchain networks. It involves validating transactions and creating new coins.

- By obtaining mining plans, you participate directly in this process and have the chance to earn income based on your mining capacity.

Why Choose Life Miner?

- Life Miner is a company specializing in Bitcoin mining, with years of experience in the sector.

Take advantage of this opportunity to diversify and protect your assets against inflation. We're on hand to help you every step of the way.

Yours triumphantly,
David Anthony

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