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You don’t understand how currency works. A deflationary currency will encourage people to horde it instead of using it for commerce, so it becomes “digital gold
by diogenescynic 8y ago
You don’t understand how currency works. A deflationary currency will encourage people to horde it instead of using it for commerce, so it becomes “digital gold” rather than a payment network.
Your argument is that they are repeating known flaws, but so what? None of the flaws have been fixed or will be. Bitcoin is dead. I think it’s sad how people are still trying to hype it. I wonder how many people threw away life savings on this fad.