Post
Topic
Board Economics
Re: Is deflation truly that bad for an economy?
by
687_2
on 17/03/2015, 01:55:05 UTC
do you think bitcoins (deflationary) will see a wider adoption by retailers in future?

Undoubtedly, yes. I would love to have my business partners use XBT. Here's why:

1. It's a faster and more secure method of paying/getting paid (lower transaction friction means sales go up)
2. Zero third party risk
3. Money supply is known and behavior is 100% predictable (very important for business) and can't be tampered with - superior to inflationary fiat.