Post
Topic
Board Altcoin Discussion
Re: cryptocurrencies can't be used as money????
by
Silberman
on 25/09/2018, 16:46:55 UTC
Some people believe say that :

“Cryptocurrencies can’t be used as
money because their limited supply
makes them deflationary.”
What do you think?
I think those people are mistaken, but what happens is that people are so used to inflationary currency like fiat that they cannot imagine how an economy can work with a currency that slowly becomes more difficult to get, but if you look back at the past you will see that we used gold and silver as currencies and the economy worked perfectly fine back then so this is not going to be a problem.