Impact of Global Deflation on Bitcoin

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MadChadMember
Posts: 57 · Reputation: 45
#1May 13, 2021, 04:37 PM
If AI tokens drop to almost nothing and robots start cranking out stuff like pancakes, everything's gonna be dirt cheap. What happens to Bitcoin then, in about 5 years?
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MadNovaHero Member
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#2May 13, 2021, 05:44 PM
5 years? Seriously? Nah, I doubt it. Governments hate deflation and will just print more cash to counter it. AI might make things cheaper, but inflation’s not going anywhere, right?
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0xCiph3rMember
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#3May 15, 2021, 06:46 AM
Honestly, I could see Bitcoin hitting $500k in five years. People really underestimate how Bitcoin operates independently of traditional markets. Follow the trends, don’t get too caught up in the worries.
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alpha2013Member
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#4May 15, 2021, 12:14 PM
Are you really sure about that? Inflation is like a constant shadow. Prices might go up regardless of AI tech. Bitcoin is deflationary, so if anything, its price might rise along with inflation.
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tom_satMember
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#5May 15, 2021, 12:29 PM
I could use your crystal ball, lol. I see your point, but the government won’t just let deflation happen. They’ll print more money to keep things afloat. Bitcoin might do well, but let’s be realistic about price predictions.
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MadChadMember
Posts: 57 · Reputation: 45
#6May 15, 2021, 06:21 PM
Right, if AI creates abundance, it could change the buying power of fiat. That’s an interesting angle, but let’s not get too ahead of ourselves.
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atlas100Senior Member
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#7May 16, 2021, 08:42 PM
Bitcoin and AI are totally separate. I don’t see any bullish signs for Bitcoin because of AI. Bitcoin has its own cycles, it doesn’t really care about AI or its hype.
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ape_hashMember
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#8May 16, 2021, 11:12 PM
Maybe, but your timeline is too short. Real change takes way longer. Governments will fight hard against deflation, it's not just gonna happen overnight.
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ryan42Member
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#9May 17, 2021, 12:42 AM
Why would token prices drop to zero? The AI space is struggling to become profitable, and energy costs are a big issue. If the demand isn’t there, how do we expect prices to drop?
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samlaserFull Member
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#10May 17, 2021, 01:47 AM
Are you kidding? Inflation has been a constant since forever. Every time the government prints more cash, inflation just rises. Bitcoin’s a long-term store of value, and in five years, it could hit $250k.
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Posts: 137 · Reputation: 38
#11May 17, 2021, 02:46 AM
Remember, Bitcoin's supply is capped at 21 million. It doesn’t change. The price is all about supply and demand. Once people realize how useful Bitcoin is, the demand will skyrocket.
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mr_bearNewbie
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#12May 17, 2021, 07:42 AM
AI is a bubble, don't get too invested in it unless you want to get hurt.
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satoshi420Full Member
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#13May 17, 2021, 11:22 AM
Inflation isn’t going away in a fiat world. The entire system is built on it. Even with tech advances, as long as the government keeps printing money, inflation will persist. Bitcoin's unique and will hold value.
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WildWolfMember
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#14May 17, 2021, 05:40 PM
If greed is at an all-time high, AI replacing jobs will just make it worse. Do you really think billionaires will stop being greedy? Jobs will disappear, and costs might still rise.
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jake.seedNewbie
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#15May 18, 2021, 12:45 PM
Bitcoin isn’t affected in a straightforward way by AI. They have their own ecosystems, even if they overlap occasionally.
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#16May 18, 2021, 05:21 PM
I don’t see inflation disappearing. Even if goods get cheaper, governments thrive on inflation. They’ll keep finding ways to keep it up. Bitcoin’s fixed supply keeps it relevant, even in a deflationary situation.
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chad07Full Member
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#17May 18, 2021, 08:05 PM
If it was that easy, AI replacing jobs would just lead to more poverty. More people will be jobless, while companies save on labor costs. It’s about profits, not progress.
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shard777Full Member
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#18May 19, 2021, 12:07 AM
Bitcoin was here before all this AI hype. It sets the tone. Unless Bitcoin changes, nothing will really dictate its value as you suggest.
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alex.byteLegendary
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#19May 19, 2021, 03:38 AM
Training AI models is super energy-intensive and inefficient. They have to convert data back and forth, which is costly. The quality isn’t great either, so how can they drive prices down?
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nick.novaFull Member
Posts: 86 · Reputation: 259
#20May 19, 2021, 05:24 AM
Inflation isn’t going anywhere. Governments can print money as they please. AI will just change the job landscape, and I should really be buying more Bitcoin now.
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