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A comment on Bitcoin: the Stripe perspective. Parent comment

Re:Bitcoin: the Stripe perspective by brg444 on Monday July 21, 2014 @04:19PM (#8065754)
Doing what you suggested would very much destroy any value existing in BTC. The USD is not actually a reference in terms of store of value.

It's deflationary property is a feature, not a flaw.

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Re:Bitcoin: the Stripe perspective by joelhaus on Monday July 21, 2014 @05:28PM (#8066114)
Not proposing doing anything to Bitcoin, it's an idea for controlling the supply of a new crypto-currency.

| It's deflationary property is a feature, not a flaw.

I studied this while getting my economics degree. Methinks you are missing some important behavioral dynamics related to interest rate interactions with consumption and investment.

Here's a lesson from the fed: http://www.philadelphiafed.org/education/teachers/resources/...

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