Re:Bitcoin surpasses $50K as major companies jump into crypto
by imtringued on Wednesday February 17, 2021 @05:24AM
(#26164832)
I have used asset inflation in the past to mean the opposite of CPI inflation. The appreciation of assets without a corresponding increase in CPI inflation. I also refer to Bitcoin as a deflationary currency. The problem is that I needed a simple easy to understand term that cryptocurrency, real estate and stocks so I just referred to the entire class of goods gaining value relative to USD as "asset inflation" because CPI inflation also refers to a class of goods and thus its easier to transfer the concept. I will admit that this is not precise enough.
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Re:Bitcoin surpasses $50K as major companies jump into crypto
by tylerhou on Wednesday February 17, 2021 @06:06AM
(#26165082)
I think a better term would just be “rise in asset prices/values,” or “asset appreciation.” You can add “in real terms” to clarify after inflation.
It more accurately conveys the fact that 1) the assets are increasing in value, compared to a basket of goods or the USD; and 2) doesn’t imply that the asset is a currency.