Post
Topic
Board Bitcoin Discussion
Re: Heavy transaction fee for old account: solution of deflationary spiral
by
hugolp
on 20/06/2011, 18:35:58 UTC
The only way for an inflationary currency to work is impose it using violence.

absolutely untrue. they just have to become the standard currency somehow, violence being one way.

in fact, the first inflationary currencies were NOT imposed by violence.
gold smiths took gold on deposit for receipts, which became currency.

guess what happened.

Ok, this thread is officially retarded. Enjoy.