Post
Topic
Board Bitcoin Discussion
Re: Bitcoin and deflation
by
AlBTross
on 02/05/2017, 17:16:17 UTC
I was thinking about how great bitcoin is vs combatting inflation but what about deflation?

Say bitcoin gets lost or if there was a malicious intent of destroying / hoarding bitcoin, are there any mechanics within bitcoin that address this?

Am curious but this is one of the largest problems i could think of if btc were ever widely adapted

I think the intention was to make it deflationary. This way it keeps gaining value over time while fiat loses value.