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You aren't going to se inflation/deflation in a non-fiat currency. Everyone understands mining reward and it's already been calculated in the price. Yes, if the
by EdHominem 11y ago
You aren't going to se inflation/deflation in a non-fiat currency. Everyone understands mining reward and it's already been calculated in the price. Yes, if the USD tanks then comparably BTC will rise, but that's not deflation, it's regular inter-currency fluctuation.
By simple deflationist logic a share of a dividend-producing stock shouldn't be sold because its future value is unbounded but obviously this isn't how the market functions.