4 ms·
Obviously deflationary. What's your point?
by brucephillips 9y ago
Obviously deflationary. What's your point?
- lifty 9y agoI was alluding to your comment regarding price history and track record. People put their money in bitcoin (and other assets) based on future expectations. It's very risky now because we don't know if it will deliver on it's potential, but it definitely has some attractive features.
- emodendroket 9y agoLike several other people in this discussion, you point to the deflationary nature of Bitcoin as a positive. I do not doubt Bitcoin would be deflationary if widely used, but what I do doubt is that an economy that converted to a deflationary form of currency would be anything other than miserable for most people.