> Meaning you buy a computer, assuming its value will drop (due to the inflationary nature). Exactly. Similarly, if you buy a dollar, its value will drop (thou

> Meaning you buy a computer, assuming its value will drop (due to the inflationary nature). Exactly. Similarly, if you buy a dollar, its value will drop (though not as quickly). OTOH, bitcoins are the opposite of both dollars and computers: bitcoins are deflationary, and rise in value. This is a terrible property for a currency, since it encourages speculation and hording in preference to circulation.