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Well, Apple was perhaps a bad example since they tend to hold their value for a little longer than most brands, but iPhones weren't the same price for years. I
by phaemon 13y ago
Well, Apple was perhaps a bad example since they tend to hold their value for a little longer than most brands, but iPhones weren't the same price for years. I really don't know where you got that from. An iPhone 4 is far cheaper now than it was on release 3 years ago.
- atmosx 13y agoI live in Greece I don't know the exact amount but basically every new version of the iPhone had the same price (say 620 € for 16GB). However, inflation is measured against CPI (consumer price index) not a single product which might have specific market niche (i.e. Luxury goods). Now, a currency that doesn't slightly inflated tends to be seen as an investment by consumers rather than an exchange medium. I would very much welcome bitcoins as a payment since I believe their value will go up in the future, but how many people are willing to end bit coins instead of dollars?