Post
Topic
Board Bitcoin Discussion
Re: Bitcoin vs Dollar
by
CiaraB
on 08/04/2016, 14:14:34 UTC
MOST FIAT currency especially the U.S dollar i produced by debt and the more the debt rises, the more dollars have to be printed to sustain the debt whereas bitcoin is 100% debt free and solvent so in my eyes as a long term investment bitcoin wins hands down and the more peeps start dumping the dollar, the more bitcoin gains trust and momentum.

The government keeps printing money to create inflation so the money doesn't outgrow the economy. Otherwise people would hoard their cash as it's value rises with deflation.

Deflation is terrible for an economy.