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Re:El Salvador Plans to Use Electricity Generated from Volca... by baybal2 on Friday June 11, 2021 @12:53PM (#27475705)
> You are 100% incorrect. Bitcoin is wildly deflationary. Therefore it does not encourage an economy to function

That a widely, blindly believed economist mantra without much basis.

People now don't want to spend money even at the time when interest rates are near negative.

The few countries still with relatively high rates, and credible economy are the ones which register growth.

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