unfortunately those critics who are saying a finite monetary supply can be a poor economic policy, resulting in or exacerbating, economic crashes have ties to banks and their system and want to have control over printing money. which is why they see the alternative as a bad solution and seek to poke holes in it.

saying people are going to be unwilling to spend it because it is appreciating is assuming that bitcoin price will rise till eternity which is obviously wrong. there is a cap for everything even for bitcoin price. it won't continue to grow forever and it won't always give 100%-2000% profit per year. we will eventually reach a more balanced market when the mass adoption hits or at least reach a level where the adoption growth is not enough to increase the price that much. and by then we will see a better stability in price.


i disagree.
when a coin has no cap (or maximum number) then you are introducing another extremity to that coin. and the arguments that were made here about people being unwilling to spend it and the coin not being capable of fulfilling what society needs as one of the quotes in the article says becomes true. because a coin with no cap will always continue to go down in value. and nobody is going to even buy a coin that can for instance buy 2 cups of coffee today and 1 cup tomorrow and not even half a cup by the end of the week.