>Both of these are fine, but they're opposing goals. Most economists agree that you want stability in a currency; that is the currency should act as an accounti

>Both of these are fine, but they're opposing goals. Most economists agree that you want stability in a currency; that is the currency should act as an accounting measure only. It is a means of storing value at as close to NET zero gain/loss as possible, with it's real value being the ability to transact goods indirectly. I'm not sure what values Bitcoin endeavors to hold, but if we're using duck typing, it looks a lot more like a speculative investment than a currency. I tend to agree that Bitcoin acts more like a store of value than a primary medium of exchange. Theoretically if a lot people started to use Bitcoin the volatility should decrease. Even still I think we may see the development of an alternative cryptocurrency that's supply is able to inflate dynamically to offset deflation...