3 ms·
Basically, because one is being printed faster over time and and the other is being printed slower over time. Also boom/bust cycles and the increasing mainstre
by elif 9y ago
Basically, because one is being printed faster over time and and the other is being printed slower over time.
Also boom/bust cycles and the increasing mainstream sentiment of crypto as a safe-haven asset.
- jimmaswell 9y agoI read an argument once that an inflationary currency encourages spending and discourages hoarding, and it follows that the reverse would be true for a deflationary store of value like Bitcoin. And are you saying boom/bust cycles are a good thing? For pretty much any average user of money, they're not.