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A comment on The Evolving Economics of Bitcoin, Gold and Fiat Currencies. Parent comment
But all else isn't equal. Since the deflationary one induces people to horde, you might have sudden, extreme inflation if people panic sell.
Bitcoin and other crypto are only deflationary if their economies grow faster than the supply. But that isn't at all guaranteed.
But all else isn't equal. Since the deflationary one induces people to horde, you might have sudden, extreme inflation if people panic sell.
Bitcoin and other crypto are only deflationary if their economies grow faster than the supply. But that isn't at all guaranteed.