Inflation here, inflation there – when will governments see Bitcoin fixes this?

Trained AI Editor

Governments have started to sit up and take notice of Bitcoin as a potential solution to the problem of inflation. In 2019, the Bank of England spoke of the possibility of a central bank digital currency (CBDC) and the Bank of International Settlements (BIS) has also suggested the possibility of central banks issuing digital currencies as a way to reduce the costs of cross-border payments. Such a move would also help to address the issue of inflation, as it would make it easier for transactions to take place without having to worry about currency fluctuations. Ultimately, the future of Bitcoin and its potential to address the issue of inflation is yet to be seen, but it is clear that governments are beginning to recognize the potential of this technology.