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It is flawed because the pool of currency is limited. What happen when our economy grows fast, but then there's not enough BTC to support it? Price will decreas
by rizalp 9y ago
It is flawed because the pool of currency is limited. What happen when our economy grows fast, but then there's not enough BTC to support it? Price will decrease and benefit the savers, sure. But then many people will prefer to save instead of spending, which will not fuel the economy
- urza 9y ago"which will not fuel the economy" So you mean, like, people will not waste nature's resources for things they don't really need? Oh, what a tragedy!