Halving made bitcoin emission below fiat currency inflation

For the first time ever, the inflation rate of Bitcoin (BTC) has fallen below the global average inflation rate, which can besee in the tweet below from economist Mati Greenspan. Currently, the BTC inflation rate is only half the global inflation rate.

"In just 15 days, annual inflation will change from 3.65% to just 1.8... about half of the global annual inflation rate.At this point, there is no need for an increase in adoption to maintain the price.Satoshi either knew what he was doing or he was very lucky."

In just 15 days, the annual inflation of #bitcoin will go from 3.65% to just 1.8%… approximately half of the global annual inflation rate.

At this point, adoption doesn’t even need to grow to sustain the price anymore.Satoshi either knew what he was doing or got really lucky.pic.twitter.com/ml1eXZFrO4

- Mati Greenspan (tweets are not trading advice) (@MatiGreenspan) April 26, 2020

Bitcoin inflation is the number of newcoins mined per year divided by negotiable supply at the beginning of the year. Until recently, this figure was more than 3.6%. This meant that bitcoin had a higher inflation rate than the main global fiat currencies.

Recently, the Bitcoin halving led to a decrease in the levelinflation to 1.5%, which is much lower than the global average inflation rate and lower than the US inflation rate of 2-3%. Undoubtedly, this is a bullish factor that will increase the value of the cryptocurrency.

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