What is cryptocurrency inflation & deflation?
Could you elaborate on the concepts of cryptocurrency inflation and deflation? As the digital currency landscape continues to evolve, understanding these economic principles is crucial for investors and enthusiasts. Could you explain in simple terms how inflation affects the value of cryptocurrencies and how deflationary models, such as Bitcoin's, aim to maintain stability? What are the implications for the broader market and individual portfolios? I'm interested in hearing your insights on how these dynamics play out in the current crypto ecosystem.