Deflation

Why Global Deflation May Not Be Bad News for Bitcoin thumbnail

Why Global Deflation May Not Be Bad News for Bitcoin

bitcoin. Talk of deflation began earlier this month after the U.S. reported massive job losses due to the coronavirus outbreak. The prospects of a deflationary collapse have strengthened with this week’s oil price crash. “The oil price rout will send a deflationary wave through the global economy,” tweeted popular macro analyst Holger Zschaepitz on Tuesday.Cash typically…