Post
Topic
Board Bitcoin Discussion
Re: MIT technology wrote a negative article on Bitcoin
by
augustocroppo
on 19/02/2014, 12:55:16 UTC
With BTC, deflation FORCES you to take a pay raise every year. This means with fiat, the employer has to keep giving you empty pay raises to keep up. With BTC, your employer has to keep giving you empty pay cuts to keep up. Neither system is better, but it is a total 180 degree paradigm shift.

Nothing like this has ever been done before on such a grand scale. It's gonna be real interesting where this bitcoin roller coaster takes us. Hang on, it's gonna git rough!  Cheesy

LoL

No, certainly not.