Post
Topic
Board Economics
Re: Slippery Slope's Million Dollar Logistic Model
by
Voodah
on 26/12/2013, 03:05:31 UTC
A little deflation because of progress is a good thing but sadly the average consumer often doesn't benefit from deflated prices due to corruption of one sort or another. Bitcoin lowers costs for consumers and merchants and resists corruption.

Edit: regarding price climbing until resources are exhausted, well the target is 'all the money in the world and then some' (due to progress)  Shocked

I assure you, nothing resists corruption.

There is already ample evidence of corruption in Bitcoin, both in the early days and now.