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Hyper inflation is absolutely a problem. Not solved by the blockchain though.. I think you're referencing BTC in use as some kind of ubiquitous currency ? That
by bilekas 5y ago
Hyper inflation is absolutely a problem. Not solved by the blockchain though..
I think you're referencing BTC in use as some kind of ubiquitous currency ? That would be an interesting use, until someone owns enough to influence the market, which, already happens, so it would make matters worse for more people
- disruptalot 5y ago> Owns enough to influence the market Meaning acquiring it fairly from the market? As compared to fiat currencies, which can be issued and moved around with the snap of a finger. That's a net improvement.
- eMGm4D0zgUAVXc7 5y ago> Not solved by the blockchain though.. Uhm, why not? As far as I see, the price of Bitcoin has actually even hyperDEFLATED. It started below $1! Now it is at $40000.