News for hackers. Stuff that matters.

A comment on Bitcoin study: Period of exclusivity encourages early adopters. Parent comment

Re:Bitcoin study: Period of exclusivity encourages early ado... by princeb on Friday July 14, 2017 @04:47AM (#14768466)
inflation benefits borrowers.

should all families who borrowed for a house be forced to pay those who chose to save?

[ Parent | on HN ]
Re:Bitcoin study: Period of exclusivity encourages early ado... by Frogolocalypse on Friday July 14, 2017 @05:30AM (#14768610)
> inflation benefits borrowers.

Not if the price of living increases at a greater rate than the rate of return it doesn't. Which, as you would know, it is doing.

[ Parent | on HN ]
Re:Bitcoin study: Period of exclusivity encourages early ado... by princeb on Friday July 14, 2017 @06:33AM (#14768778)
that makes no sense. both borrowers and savers have to live, they both get hit by the cost of living. savers don't get to avoid eating and paying for healthcare just because they don't borrow.
[ Parent | on HN ]
Re:Bitcoin study: Period of exclusivity encourages early ado... by Frogolocalypse on Friday July 14, 2017 @08:44PM (#14774393)
You've just explained why people want bitcoin.
[ Parent | on HN ]
Re:Bitcoin study: Period of exclusivity encourages early ado... by shawabawa3 on Friday July 14, 2017 @10:14AM (#14769934)
> inflation benefits borrowers

Not really, because lenders factor inflation into their rates.

[ Parent | on HN ]
Re:Bitcoin study: Period of exclusivity encourages early ado... by Frogolocalypse on Friday July 14, 2017 @08:45PM (#14774397)
Wouldn't it be great if inflation aligned with price increases then.
[ Parent | on HN ]