Post
Topic
Board Economics
Re: Inflation and Deflation of Price and Money Supply
by
WynX
on 06/02/2014, 23:28:12 UTC
Interesting, so I agree the divisibility of the currency itself is not a problem. Even the bit-wise convenient satoshi*10^-3 is more than enough.
Do you think the need for massive deflation for bitcoin when successful adoption of the coin *occurs*, is being hampered by the current distribution of the money supply? Simply put, everybody on bitcointalk (owning some coins) now are the future miljonairs? The rich in bitcoin now, are going to buy their own countries?




Does it really seem feasible to expect such a sudden shift of wealth?