Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin going to change its inflation algorithm?
by
Vladimir
on 19/07/2011, 12:46:19 UTC
I'll put it this way.

Immediately after bitcoin algo is changed significantly with regard to inflation/deflation properties, the blockhain will be split. I will use the partition which uses current algo, lots of other people will do so too.

Inflationista funboys are free to stay in their inflationary reservation currency. On a positive note, they might get their own forum than.

You know what is the principal difference between inflationary and deflationary currencies? Inflationary currencies facilitate transfer of wealth from children to parents, while deflationary ones facilitate transfer of wealth from parents to children. I, personally, prefer to empower my children instead of robbing them.