4 ms·
It's not deflationary though.
by dwg465 5y ago
It's not deflationary though.
- smaryjerry 5y agoHowever, if everything else is inflationary then simply not inflating would be deflationary on a relative scale. It is a near zero chance that countries don’t keep inflation strong.
- dale_glass 5y agoIt is, by design. If you mean to say it's not deflationary because there's a limited amount of it that doesn't technically decrease, that doesn't help. First, Bitcoin does lose coins over time. When wallet keys are lost, or "dust" happens, that means that money can't ever be spent again. This is independent of the USD value. Second, the economy can grow. Eg, if the population grows, or a factory starts producing more goods, then there's now more stuff per unit of currency. That's still deflation.