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Actually, it's value as a medium of exchange is limited, as the creators of Bitcoin have placed arbitrary limits on their creation; limits put in place to prop

Actually, it's value as a medium of exchange is limited, as the creators of Bitcoin have placed arbitrary limits on their creation; limits put in place to prop up Bitcoins' ability to be used as a store of value.

tempestn 14y ago
It's nearly infinitely divisible, so not really limited as a medium of exchange.
- kaonashi 14y ago
  It has a strong deflationary bias. http://www.moneycrashers.com/deflation-definition-causes-effects/ http://www.moneycrashers.com/deflation-definition-causes-eff...