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
Bitcoin is a deflationary currency that is the way it was designed and there is nothing to be done about that, and that is not a problem at all, this is the same lie people spread about gold and not being enough of it, there is enough bitcoin we will just use smaller amounts than today if it was widely adopted.