Re:Systems built on trust, norms, and institutions function ...
by InclinedPlane on Friday April 06, 2018 @04:27PM
(#16777074)
That is such a silly and intellectually dishonest argument. The value of tulips in Feb. 1637 in Amsterdam was also quite high, but that didn't last, neither will bitcoin's valuations.
So I would argue that any deflationary cryptocurrency will more likely be more useful over time as it has increased buying power. (But not necessarily value!)