Post
Topic
Board Bitcoin Discussion
Re: George Selgin advocates Bitcoin AGAIN
by
dr_nix
on 29/04/2012, 10:43:33 UTC
All these massive requirements are built on top of the urban legend that a currency must grow (and shrink) to keep pace with an ill-defined concept of economic growth. What if a revolutionary new product or industry is created that transforms the economic landscape, thus changing the very definition of economic growth?
Can you elaborate on that? I don't get what you mean.