Post
Topic
Board Altcoin Discussion
Re: [ANN] Bernankoin the Coin to save our economy - 1.2 OUT(+bins) with new dual QE!
by
STT
on 29/12/2013, 01:13:57 UTC
Bitcoin is inherently flawed because of deflation and deflation is bad mkay.


Quote
Is this just fallacy? Caught in a landslide. No escape from reality. Open your eyes.

Deflation does not restrict growth, its just an indication of prices much like the tech industry.  Of course as new tech is released the effect is deflationary however growth continues regardless

Seems to be based on a misunderstanding.   Bitcoins main point in its favour is that it runs inverse to dollar but hey if you stick Bernake's face on the coin, it seems a fair fate to assign his image