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The things that make deflation bad for traditional currencies don't necessarily apply to bitcoin. There are good arguments on both sides and no consensus like y
by olalonde 12y ago
The things that make deflation bad for traditional currencies don't necessarily apply to bitcoin. There are good arguments on both sides and no consensus like you seem to imply. This debate has been done to death so I'll defer to https://en.bitcoin.it/wiki/Deflationary_spiral https://en.bitcoin.it/wiki/Deflationary_spiral.