On December 17, 2025, former Tsinghua University associate professor Hu Yilin discussed Bitcoin's cyclicality on the Sea Talk podcast. He noted that despite Bitcoin's limited supply, its early actual inflation rate was high. It is only in the current cycle that the inflation rate from new coin issuance has fallen below that of traditional fiat currencies like the dollar, making Bitcoin a truly deflationary currency. Hu also highlighted that Bitcoin's cyclicality is influenced by macroeconomic factors such as the four-year U.S. presidential term. However, he predicts that this cyclical effect will gradually weaken and may eventually disappear in the future.