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Chinese Inflation Jumps to 4.5%, Highlighting Bitcoin’s Scarcity

China Digital Yuan Crypto

China’s inflation rate has jumped to 4.5 percent for the month of November — highlighting the value proposition of deflationary currencies, like Bitcoin. China is notoriously hostile to cryptocurrencies, despite its government’s commitment to blockchain. However, it’s recent runaway inflation rate might force those in the country to see the other side of things. As […]

The post Chinese Inflation Jumps to 4.5%, Highlighting Bitcoin’s Scarcity appeared first on BeInCrypto.

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