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That "point" has been debunked in every bitcoin thread I've ever read. Because a currency is deflationary doesn't mean that it's irrational to trade it. You can
by davidivadavid 9y ago
That "point" has been debunked in every bitcoin thread I've ever read. Because a currency is deflationary doesn't mean that it's irrational to trade it. You can't eat bitcoins.
- mcguire 9y agoThat is true. However, the nature of bitcoin is that you will be able to buy more food with it next year than you can today. If you have any other assets, you would be better off trading those than your bitcoin hoard.