Deflation is the big big big problem. The only bigger problem is that many people in the bitcoin community refuse to consider deflation a problem - some even d

Deflation is the big big big problem. The only bigger problem is that many people in the bitcoin community refuse to consider deflation a problem - some even deny it is happening. The consequence is that bitcoins are good for investors and speculators, but bad for actual sellers and buyers. People just hoard bitcoins, and sellers are constantly lowering their prices every day while no one buys from them, because who would buy in a deflation? Bitcoin bubble will burst unless they manage to give incentive to actual sellers and buyers. I am a fan of digital currency and currently accept bitcoins, but I am considering to stop doing that, unless bitcoin changes from investing commodity to a real currency.