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> Bitcoin is scarce […] Which is a bug: * https://en.bitcoin.it/wiki/Deflationary_spiral https://en.bitcoin.it/wiki/Deflationary_spiral * https://isps.yale.e

• latchkey 2y ago
  How is it a bug? “Bitcoin is not affected by this because it is fundamentally different from popular currency.” The other arguments given are unproven and doubtful.
  • throw0101d 2y ago
    > How is it a bug? See the links in the post about the problems with deflationary currencies. See also the links of events that were made worse by finite/deflationary currencies; reposting: * https://en.wikipedia.org/wiki/Great_Bullion_Famine https://en.wikipedia.org/wiki/Great_Bullion_Famine * https://en.wikipedia.org/wiki/Long_Depression https://en.wikipedia.org/wiki/Long_Depression
    • latchkey 2y ago
      I did read the links and even quoted how one of them says bitcoin isn't affected. > the problems with deflationary currencies That's where you are mistaken, Bitcoin isn't a currency. How is it a bug?