Blog: Monetary policy and Bitcoin
Monetary policy refers to central banks’ decisions to influence the price of money and the amount of money in the economy. In practice, this means decisions on interest rates and increasing the amount of money in circulation. The absolute strength of the world’s largest cryptocurrency, bitcoin, is its unchanging monetary policy. This article aims to discuss the monetary policy practiced by central banks and explain how it differs from bitcoin’s monetary policy.
Last updated: 29.04.2021 15:00