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Article is currently online so excuse me If I reach speculatory conclusions. Unless I misunderstand the seeding process Bitcoin is effectively a deflationary cu
by Choronzon 14y ago
Article is currently online so excuse me If I reach speculatory conclusions.
Unless I misunderstand the seeding process Bitcoin is effectively a deflationary currency, with it getting rarer and harder to mine over time.
It may be great for speculation and ok for immediate transaction but not so great for loans.How would you get rid of bitcoin debit assuming the currency was stable? Anyway how did setting up new currencies work out for old Muammar Gaddafi?