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It's deflation. With inflation the amount you can buy with a set amount of your currency goes down (i.e. your currency is dropping in value). Right now the bitc
by rm999 14y ago
It's deflation. With inflation the amount you can buy with a set amount of your currency goes down (i.e. your currency is dropping in value). Right now the bitcoin is rising in value.
- redwood 14y agoPerhaps it cuts both ways as the amount of stuff you can buy with bitcoin increases.