QUEST
PARENT
metamitya
metamitya
#bitcoin has the convenience of other digital money but bc it is peer to peer - has no central authority - it's very difficult to censor or control
0
As a result of inflation, the purchasing power of a unit of currency falls. For example, if the inflation rate is 2%, then a pack of gum that costs $1 in a given year will cost $1.02 the next year. As goods and services require more money to purchase, the implicit value of that money falls.
09/25/17