"so either users will willingly submit to a further deflationary spiral or, more likely, they'll clamor to expand the stock" This doesn't make any sense. Why w

"so either users will willingly submit to a further deflationary spiral or, more likely, they'll clamor to expand the stock" This doesn't make any sense. Why would users care that their bitcoins are getting more valuable over time (i.e. deflation)? It sounds like the author is throwing around the term "deflationary spiral" without understanding what it actually means. Anyway, it's damn near impossible to "expand the stock". If somehow a majority of miners decide they want a larger reward the users who actually hold bitcoin can decide to ignore their fork. See "economic majority": https://en.bitcoin.it/wiki/Economic_majority https://en.bitcoin.it/wiki/Economic_majority