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> Bitcoin isn't a deflationary currency. It's emission is deflating to 0, after which it is neither inflationary nor deflationary. There is no mechanism to rep
by giaour 4y ago
> Bitcoin isn't a deflationary currency. It's emission is deflating to 0, after which it is neither inflationary nor deflationary.
There is no mechanism to replace coins to which private keys have been lost. There are most certainly deflationary pressures that are being compensated for by mining new BTC, but eventually new coin minting will happen less often than coin access loss, leading to an overall deflationary system.