Post
Topic
Board Economics
Re: Bitcoin major fail - doesn't allow credit creation (aka deflationary currency)
by
beckspace
on 02/11/2012, 00:35:51 UTC
Hey guys, I'm almost sold on BTC, but here's something that I can't get over it: the fact that BTC does not allow some sort of controlled credit creation.

If you want credit, YOU have to create something (a good promisse to pay back), not the issuer.