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Provided that Bitcoin succeeds (reaches the end of its adoption S-curve), wouldn't the deflation be simply equal to the rate of growth of the gross world produc
by uwe_dushan 13y ago
Provided that Bitcoin succeeds (reaches the end of its adoption S-curve), wouldn't the deflation be simply equal to the rate of growth of the gross world product? This is currently around 4% - definitely more expensive than today's 'free' money but not insanely so...
- spamizbad 13y agoI guess it would, assuming the only currency participating in that universe is Bitcoin OR bitcoins could not be exchanged, directly or indirectly, for other currencies.