Last deflation in the us was 2007 to 2008, and the one prior to that was 1930 to 1933
Re:Bitcoin not for me, says Bill Gates
by imtringued on Friday February 26, 2021 @03:14PM
(#26279342)
>It’s because your grandfather sacrificed himself so that you can have a better life.
That's a pretty stupid argument. Why should everyone's life get worse from that point on, if it can get better for everyone involved?
And I personally saw Bitcoin change people from a non-saver to saver. Also I know many poor people who save all the time without access to markets.