Post
Topic
Board Altcoin Discussion
Re: Steemit how can this thing be workable long term?
by
CoinHoarder
on 14/07/2016, 19:09:19 UTC
Bitcoin is deflationary
No, Bitcoin has not (and will not ever be) deflationary in our life times.

Bitcoin will inflate until approximately the year 2140.

For the first 2 years of Bitcoin’s life the network sustained an annual inflation rate of over 100%.

For the first 5 years it was over 30%, and for the first 8 years it was over 10%.




Bitcoin ... has real utility ( demand) which is the exact opposite of steem

That is your subjective opinion. Not an objective fact.