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A comment on FBI struggles to seize 600,000 Bitcoins from alleged Silk Road founder. Parent comment

Re:FBI struggles to seize 600,000 Bitcoins from alleged Silk... by csomar on Monday October 07, 2013 @09:17AM (#6507991)
Inflation is when the price of something increase. So, yes, Bitcoin undergoes inflation and not deflation.
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Re:FBI struggles to seize 600,000 Bitcoins from alleged Silk... by Smirnoff on Tuesday October 08, 2013 @03:43AM (#6513527)
Bitcoin is a deflationary currency, which means it INCREASES in value.

If you don't trust me (or my Finance degree), then google and read the paper of the Bitcoin creator, where he/she/they outlined the economics benefits of Bitcoin. Sorry, can't link to the paper myself.

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