2 ms·
Yes, the built-in deflation seems to be Bitcoin's biggest question mark. Other the hand, Bitcoin doesn't have to replace the complete currency system to become
by myzerox 13y ago
Yes, the built-in deflation seems to be Bitcoin's biggest question mark.
Other the hand, Bitcoin doesn't have to replace the complete currency system to become a useful medium for transactions.
So, a low-level of inflation can still be maintained via fiat currency.
(We obviously need a certain amount of inflation to encourage people to invest vs. hoarding their money.)