Deflationary currencies encourage savings. The more the deflation the more the savings. Inflationary currency encourages consumerism. The more the inflation

Deflationary currencies encourage savings. The more the deflation the more the savings. Inflationary currency encourages consumerism. The more the inflation the more rapid spending. Each have their pluses and minuses. The USD is an inflationary currency and Bitcoin is a deflationary currency. Right now Bitcoin is extremely deflationary and so there is extreme savings, but that is not sustainable indefinitely. Whether it becomes more popular to spend Bitcoin after the value levels out remains to be seen, but deflationary Bitcoin will always tend to encourage savings more than inflationary competitors like the USD.