Quote from: The Electric Monk on September 09, 2011, 03:57:02 AM

I wonder if there's some way to make a currency that always has the same value. Not just equivalent to today's EU or US currency, but adjusts according to cost of living over the years. So if you buy one at $1 today, it's still worth whatever that $1 + inflation would be in the future. It couldn't be limited like BTC, because if it were limited it's value might increase.

Isn't one of the primary goals of bitcoin to provide a refuge for those who disagree with government sponsored inflation?

The cost of living is increasing because of all those extra USD being issued by Ben Bernanke. What you are suggesting, essentially, is to inflate the currency in line with the inflation of fiat currencies, so that it's value gets debased also.

That goes against everything that bitcoin was set up to achieve.