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No one is disputing that Bitcoin is deflationary. What's less clear is how damaging that actually is. If you are looking for a way to preserve value, then bein
by Hermel 14y ago
No one is disputing that Bitcoin is deflationary.
What's less clear is how damaging that actually is. If you are looking for a way to preserve value, then being deflationary might even be beneficial. There are plenty of things that are deflationary (i.e. limited in supply), such as gold, stocks of a growing company, or real estate in Manhatten. Does that make these things worthless?