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I learned from this, and boy, was it elegant. Anyway, in a hypothetical bitcoin economy, I can't _imagine_ annual deflation in the range you are talking about
by javert 13y ago
I learned from this, and boy, was it elegant.
Anyway, in a hypothetical bitcoin economy, I can't _imagine_ annual deflation in the range you are talking about (e.g. close to 10% or greater), because that should be "priced in" ahead of time. I mean, there should/could be some deflation (or even inflation) on a year-by-year basis, but it shouldn't be that high. Right?
- Daniel_Newby 13y agoHint: when a thing is deflating, it costs more to buy.