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Sure deflation is part of the Bitcoin design but the actual real-world value of a Bitcoin is determined by traders on Mt Gox, and as an exchange Mt Gox doesn't
by snorkel 15y ago
Sure deflation is part of the Bitcoin design but the actual real-world value of a Bitcoin is determined by traders on Mt Gox, and as an exchange Mt Gox doesn't give the impression of being able to prevent common price manipulation schemes.
- fleitz 15y agoThis differs from fiat currency how? http://www.appapillai.com/blog/2010/06/13/the-pound-sterling-and-george-soros/ http://www.appapillai.com/blog/2010/06/13/the-pound-sterling... http://en.wikipedia.org/wiki/Troubled_Asset_Relief_Program http://en.wikipedia.org/wiki/Troubled_Asset_Relief_Program