Post
Topic
Board Bitcoin Discussion
Re: The Bitcoin Adoption Problem
by
Ipsum
on 16/10/2013, 20:35:38 UTC
People will spend the inflative currency and save the deflative currency, fiat is for spending and bitcoin is for saving, their benefit don't overlap each other. Under a fiat money system, everyone are forced to borrow and spend (savings will lose value quickly), now there is an alternative

What? Under a fiat money system, people invest in an effort to outpace inflation. Who just leaves money sitting in a plain bank account, or under your mattress, doing nothing?