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There were early attempts at inflationary cryptocurrencies too but they didn't catch on; all other things being equal, people prefer to hold currencies that gai
by logicchains 1y ago
There were early attempts at inflationary cryptocurrencies too but they didn't catch on; all other things being equal, people prefer to hold currencies that gain value over time, not lose value.
- jimkleiber 1y agoAnd the word currency, or current, implies movement, no? So I think it's the issue of thinking people will use it as a currency, not that it is not a valuable asset