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mishad

So for states which have net debt position (including the US), it is to their advantage to have steady price inflation (i.e. currency value steadily being worth less and less in purchasing power), so that the debt is steadily reduced in "real terms" size. And this is in fact exactly what many/most governments seek to do, using a combination of fiscal policy levers, including issuing debt (government bonds) and also measures such as QE.

Note the "steady" in the above - part of the value of a fiat currency is in its price stability (which is linked/coupled to the confidence people have in it and in the issuing government).

In both direction (inflationary Vs deflationary) and in stability, this is markedly different from what is happening with BTC.

Re:GitHub Is Microsoft’s $7.5B Undo Button on Tuesday June 12, 2018 @04:03PM (#17297448)
Many users would have obtained Navigator from ISP and magazine cover disks etc. So those copies would have been paid for as part of the price of the magazine or connection.