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Re:South Korea considers cryptocurrency tax by nopinsight on Wednesday December 13, 2017 @12:20PM (#15915643)
I’m curious. How would it bring about global inflation since almost all of bitcoin is not really used for getting goods/services and people need to exchange real dollars/yen/etc to drive up its price? Doesn’t it actually suck out liquidity from other assets and drive down inflation of other assets?
Re:South Korea considers cryptocurrency tax by thkim on Thursday December 14, 2017 @01:16AM (#15920312)
bitcoin's price increase creates inflation because it makes holders wealthy. inflation is not a bad thing when driven by fundamental growth (value creation). bitcoin is not creating value.