Post
Topic
Board Economics
Re: The deflationary problem
by
myrkul
on 02/05/2013, 23:01:19 UTC
And if you notice throughout history gold has inflated and will continue to inflate, but since gold mining requires energy, as bitcoin mining does, the inflation is beneficial to its value because it allows for a larger adoption base and solves the first adopter problem.
Do you consider the world's gold supply to be infinite?