Post
Topic
Board Economics
Re: Bitcoin Deflation and Its' problems
by
hachiman13
on 10/09/2018, 13:28:01 UTC
I believe bitcoin deflation is normal because it is decentralized.Meaning,it's not controlled by government.People should not worry about bitcoin deflation because, surely there will also be an inflation.
Being a deflationary currency means that more people will tend to hold it since its value increases over time--hindering its capabilities of becoming an actual currency. A currency that is not circulated well is not a good currency.