Post
Topic
Board Bitcoin Discussion
Re: Bitcoin failed as a currency
by
MadAndHoldersPattern
on 23/07/2018, 10:44:23 UTC
It was not designed to be a currency. You cannot have limited supply while expecting to have expanding user base and transaction volume, because it's bound to become deflationary. And deflationary assets are not good for payments, they incentivize hoarding not spending.