Post
Topic
Board Bitcoin Discussion
Re: Bitcoin too valuable to spend
by
mouse
on 03/07/2011, 04:38:41 UTC
Once the deflation is built into the present price, it will no longer deflate.

that's like saying it is worth more than it is worth.
x7

Clearly I'm not an economist, but I don't buy your line. Your saying that theres a current price now, X, that will drive out all future inflationary pressures, including accounting for fiat inflation. This seems unlikely. And anyone who holds both BTC and USD knows this. Thuse, there is a hoarding presure.