I'd be afraid of it becoming even a common currency. The problem is bitcoin does not encourage economic growth. It is smarter to hold then to spend. In a goo

I'd be afraid of it becoming even a common currency. The problem is bitcoin does not encourage economic growth. It is smarter to hold then to spend. In a good currency, the demand for the money itself should not cause prices to fluctuate. I think this could be solved if instead of the difficulty target being determined based on a steady release, was instead determined in someway based on the quantity theory of money (MV = PY) so as there is greater demand for coins more coins would be produced, and the opposite, when we have enough coins, less are produced.