Bitcoin is only deflationary if the supply of everything else grows forever. If you look at prices throughout the ages you'll find things haven't always been li

Bitcoin is only deflationary if the supply of everything else grows forever. If you look at prices throughout the ages you'll find things haven't always been like they are now[1]. We created the current global monetary system to deal with war debt, globalisation and mind-boggling growth in western prosperity, but there's no reason to believe what we use in 100-200 years will be based on the same principles at all. And no, I'm not saying Bitcoin or a return to the Gold Standard is the future, just that it's foolish to think a currency of limited supply "just doesn't work". At one point, it was completely natural and obvious to everyone that the supply of money was and should be limited. [1] https://philebersole.wordpress.com/2010/11/17/inflation-through-the-ages/ https://philebersole.wordpress.com/2010/11/17/inflation-thro...