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I’m curious. How would it bring about global inflation since almost all of bitcoin is not really used for getting goods/services and people need to exchange rea
by nopinsight 9y ago
I’m curious. How would it bring about global inflation since almost all of bitcoin is not really used for getting goods/services and people need to exchange real dollars/yen/etc to drive up its price? Doesn’t it actually suck out liquidity from other assets and drive down inflation of other assets?
- thkim 9y agobitcoin's price increase creates inflation because it makes holders wealthy. inflation is not a bad thing when driven by fundamental growth (value creation). bitcoin is not creating value.