Post
Topic
Board Economics
Re: Hmm... is it time to crash BTC exchange rates yet?
by
BTConomist
on 26/05/2013, 08:03:13 UTC

Deflationary currencies works opposite to inflationary...


Yet the values of both are still driven by spending: one slowly looses its value as the money supply increases (i.e. more currency units in circulation), the other slowly gains its value as the money supply increases (i.e. more bitcoin base units in circulation; bitcoin base units are not to be confused with bitcoins — currently, there are 100,000,000 base units per each bitcoin).