2 ms·

I'm not sure I follow? If one year an apple costs 2 gold coins, but next year, that same apple costs only 1 gold coin - this would be deflation. I'm still trad

• jcpham2 6y ago
  Right, because mathematics-wise the deflating asset (if we’re picking on bitcoin specifically) is programmed to do so until 2040 or so when the block rewards run out for miners. The currency (or asset) will continue to outperform the dollar or any fiat currency because it is setup that way to scale inversely and inverted-like through the magic of fungibility. No one no where ever created a means of trade accurate to the ten millionth. Go look it up I’ll wait. Just because something scales inversely to your currency that doesn’t make it a ponzi, it makes it mathematically and theoretically possible; as the market itself has proven for nearly a decade.