Bitcoin vs Inflation

Jared Bergan
22 November 2021
George Mason University Math 401: Mathematics Through 3D Printing

This week’s project was based around the idea of data visualization. Mathematica has access to countless amounts of data whether its weather data, financial, geographic, and more, and we can use this to create interesting printable objects that give a lot of information. Using this feature, I obtained the price of bitcoin over the past four years and manually entered the rates of inflation over the past four years to create plot of the two and learn more how the two work together.

Traditionally, the idea of a currency that is prone to inflation is one that has an increase in supply and is not backed by gold. Gold is considered the ultimate store of value due to its scarcity so there is no way to inject more gold into the financial system. Bitcoin was designed to mimic this so that it has a stable inflation rate and to be a less risky was to store money.

Since there is a finite amo