4 ms·
That is a really good point. Bitcoin "inflation" will stifle the Bitcoin economy. Because if you are holding Bc then prices on everything are dropping. This
by adaml_623 14y ago
That is a really good point. Bitcoin "inflation" will stifle the Bitcoin economy. Because if you are holding Bc then prices on everything are dropping.
This effect of deflation is why Japanese economy is so broken. And why Governments and central banks will do almost anything to keep inflation going.
- Frozenlock 14y agoTom Woods on sound money: https://www.youtube.com/watch?v=TnS2OtzSTq0&feature=youtu.be&t=28m26s https://www.youtube.com/watch?v=TnS2OtzSTq0&feature=yout...