What Is the Difference between ‘Inflationary’ and ‘Deflationary’ Cryptocurrencies?
An inflationary cryptocurrency has an ever-increasing supply, often with no hard cap, meaning its value may decrease over time due to dilution. A deflationary cryptocurrency has a fixed or decreasing supply cap.
Bitcoin is considered disinflationary (rate of creation decreases) and eventually deflationary (supply is fixed). Some protocols achieve deflation by 'burning' tokens.