>Can you explain to us idiots If you're willing to ask the question and listen to the answer then you're not in the set of idiots. I'll go for the short answe

>Can you explain to us idiots If you're willing to ask the question and listen to the answer then you're not in the set of idiots. I'll go for the short answer rather than the wall-of-text exhaustive answer. Deflationary currency leads to stagnation. People buy less because holding money under the mattress is incentivized. Its nearly impossible to run a business in an economy where people only buy essentials and never loan money out as startup capital. Look at the history of economic panics in the US back when the gold standard was a thing. I'm into bitcoin for reasons other than the 21 million limit.