I'm not really disagreeing with you on the facts as regard asset price, I'm saying that calling it 'deflation' is a misnomer because it's being treated much mor

I'm not really disagreeing with you on the facts as regard asset price, I'm saying that calling it 'deflation' is a misnomer because it's being treated much more like an asset than as a currency. I do think it's basically a ponzi scheme. I guess we need a separate term for 'rapidly appreciating value relative to other currencies which makes it prohibitive to create an economy based on this currency in the first place', where deflation occurs to an existing economy based on a currency.