Do bitconers really believe this?
Do bitconers really believe this?
Jaxson Miller
Other urls found in this thread:
investopedia.com
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Ayden Murphy
As much as I hate central banks, deflationary currency means no one is going to spend it.
Oliver Morales
Unless the person holding it thinks that the purchase has value. That's sort of the point, liberal
Kevin Moore
nice pseudoscience
Christian Brown
it has already happened, dumbass. You're like 8 years late
Tyler Robinson
just like how nobody is going to save up inflationary currency, right?
Jonathan Price
it's true so far
Wyatt Long
>pseudoscience
investopedia.com
Tyler Martin
You see my shitcoin went up 1000x in 2 days so that's a better inflation hedge than FAILat!
James Clark
Yeah, just hold it forever until you die.
Jace Mitchell
>deflationary currency means no one is going to spend it.
>Unless the person holding it thinks that the purchase has value.
I believe that we at least could arrive at the latter result.
As of now, cash is constantly devaluing, so you see people rush to blindly invest it in bubbles. Is that really a great outcome?
Austin Lopez
Isaiah Ortiz
Ask russians and venezuelans. Trust in the plan annon
Ryder Reyes
what's the point of currency that nobody spends?
Isaac Torres
As opposed to an inflationary currency that is toxic to hold as it is guaranteed to devalue
Liam Martinez
>I don’t know what elastic goods are
Bet they’ll spend it if they’re starving
Maybe they’ll pass on the new iPhone but that’s okay
Kayden Flores
yes, you nigger faggot BTC will be 6 million dollarinos and there's nothing you can do about it
Nolan Stewart
thats the point. they want you to spend it. cash to spend, bitcoin to save. why cant we have both?
Blake Clark
yea. if currency was deflationary, you would spend it when you actually need stuff and not because youre forced to be a slave for the banking system
Andrew Kelly
Spending is necessary to create a robust and healthy economy. A deflationary currency would lead to an economic catastrophe.
Gavin Watson
1 BTC = 1 BTC
Carter Baker
What kind of retard hoards cash?
Caleb Bell
>people can afford not to spend money
Brandon White
That or some variation of it.
Jayden Harris
This is so absurd. Its logical to not spend it as its a deflationary currency but people have never been logical so it will be spent.