I have search the internet for ages but I still haven't found the answer to this question.
From my knowledge, I would say inflation in Bitcoin is caused by supply and demand(just like any other currency) but it is less prone to be affected as the supply is quite predictable.
I also know that it is highly volatile meaning the value spikes and drops frequently.
Now if the value of Bitcoin is not stable, how is it considered resistant to inflation despite the regular swings in it's values.
Thank you in anticipation of your answer!
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