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Topic
Board Beginners & Help
Re: If bitcoin succeeds....so what?
by
BTC Economist
on 19/06/2011, 12:46:19 UTC
the way i see it:
main disadvantage: infinite inflation - which isnt necessarily always good.
main advantage - decentralizing the currency can do a lot of good to a lot of people, mainly outside the usa and Europe

naorai

You're the second person ITT to make the hyperinflation conclusion but neither of you have mentioned how to arrive there. Can you explain how you got there because I'm not seeing it? How is the currency going to be devalued to that point?

I think we can just assume he's mixing up his words and meant deflation.