2 ms·
I would, but that is a different problem, not specific to deflationary currency. It can happen whether I have dollars, gold, diamonds, crypto-assets. But with c
by effie 5y ago
I would, but that is a different problem, not specific to deflationary currency. It can happen whether I have dollars, gold, diamonds, crypto-assets. But with crypto-assets, being non-physical, it is possible to easily hide them and also hide who owns them, and then mafia has a very hard time figuring out who to hit with the wrench to get them.
Deflationary currency would be bad for the current inflationary system and the small group of extremely rich people, but could be good for most people, who don't want to be in debt their whole life.