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The Economics Of Bitcoin – Why Mainstream Economists Lie About Deflation: http://www.libertariannews.org/2011/06/11/the-economics-of-bitcoin-why-mainstream-econ
by kristianp 13y ago
The Economics Of Bitcoin – Why Mainstream Economists Lie About Deflation:
http://www.libertariannews.org/2011/06/11/the-economics-of-bitcoin-why-mainstream-economist-lie-about-deflation/ http://www.libertariannews.org/2011/06/11/the-economics-of-b...
I'm not convinced either way. The main problem I have with bitcoin's supply, which it shares with many alternatives, is that supply is decreasing exponentially over time, making early adopters rich. Then again you could say the same about people who invested in google before its IPO, or even soon after.