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I 100% agree on the value of the grandparent post, which is why I commented when I felt his point was being diluted. I would also agree that Bitcoin has a good
by Guvante 13y ago
I 100% agree on the value of the grandparent post, which is why I commented when I felt his point was being diluted.
I would also agree that Bitcoin has a good chance as a commodity (I just don't have the right risk factors to invest) the only frustrating thing about Bitcoin is so many people talking about how Bitcoin needs to become a major currency.
The only thing negative I would say about your post is that you have to be really careful talking about inflation and deflation. Inflation is often put in a negative light because it discourages saving, but deflation discourages spending, which is much more dangerous. Which is why I don't have any faith that Bitcoin itself will become a currency, the deflationary problem is built in and part of the core.