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> it's infinitely divisible to any number of people, so while it's value with always slowly deflate, it doesn't really matter. The problems with deflation have
by kaonashi 13y ago
> it's infinitely divisible to any number of people, so while it's value with always slowly deflate, it doesn't really matter.
The problems with deflation have nothing to do with lack of divisibility.
- gnaritas 13y agoI'm well aware of that, deflation is a bad thing for a currency; I agree. I just said Bitcoin makes a bad currency, but it's an excellent commodity and service. Gold is a terrible currency as well, that doesn't remove its value.