Post
Topic
Board Economics
Re: Is deflation good for a coin?
by
Silberman
on 09/02/2018, 15:51:34 UTC
Bitcoin is based on an increased demand an a deflationary supply, however that eventually leads to a coin that people don´t use to trade or to transact. What do you think that the emission rate of a crypto should be to be used as a coin? Any automatic mechanism to adapt exists?
The emission rate is defined already and it is doubtful is going to change, after all such a decision will affect every single user of bitcoin, even if the devs only changed the total number of bitcoins from 21 million to 22 million the fact that such a change can be made and accepted will mean that bitcoin is just like any other fiat and people will lose confidence in bitcoin.