Post
Topic
Board Bitcoin Discussion
Re: What is the biggest problem in crypto currencies?
by
Giulio Prisco
on 07/08/2014, 10:08:06 UTC
Having bitcoin being deflationary was probably the right decision. That is one key that has made bitcoin a huge success because it keeps the value of bitcoin up and likely increasing over time.

I am not sure this is a plus. If the value of Bitcoin keeps going up, almost by-design and de-facto, then everyone holds and nobody uses Bitcoin to buy things. Then Bitcoin is only a means of speculation and not a currency, and I am not sure that is a huge success.