Cryptocurrency: The deflationary power of cryptos makes a devastating case for maintaining at least some exposure to cryptos
12 July 2022
The argument for holding cryptos is as true today as it was just over a decade ago at the birth of Bitcoin (BTC): it has been unrivalled in its deflationary power. We took a basket of goods from a decade ago and escalated the prices by the consumer inflation rate. Assuming that basket of goods cost R5,000 in 2013, by early 2022 it had nearly doubled in price to R9,375.