The most important and debated consequence of fixed and diminishing monetary issuance is that the currency tends to be inherently deflationary. Deflation is the phenomenon of appreciate of value due to the a mismatch in supply and demand that derives up the value (exchange rate) of a currency. The opposite of inflation, price deflation, means that the money has more purchasing power over time.

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Mastering Bitcoin, 2nd Edition, By Andreas M. Antonopoulos.

CC-BY-SA

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