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Bitcoin has plenty of issues but being deflationary isn't one of them. Real estate is deflationary and people do not refuse to trade land.
by ucha 8y ago
Bitcoin has plenty of issues but being deflationary isn't one of them. Real estate is deflationary and people do not refuse to trade land.
- asynchrony 8y agoReal Estate has a certain real world utility.
- api 8y agoLand would make extremely poor money.
- deleted 8y ago[deleted]
- calciphus 8y agoLots of people refuse to trade land because they think it will be worth more in the future. Look at the housing markets of major cities. And that is when you have a highly localized set of potential buyers.