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Title: [2016-08-11] Bitcoin Needs Inflation to Work as Money, Says Professor Post by: tyz on August 11, 2016, 08:45:28 PM Bitcoin Needs Inflation to Work as Money, Says Professor
Satoshi Nakamoto would probably have built inflation into the Bitcoin protocol to avoid mining centralization – if he could start over again – says a professor known for his controversial Bitcoin statements. https://news.bitcoin.com/bitcoin-inflation-work-money-professor/ Title: Re: [2016-08-11] Bitcoin Needs Inflation to Work as Money, Says Professor Post by: a7mos on August 11, 2016, 09:35:11 PM why should we need inflation ? people hate fiat and tend to use bitcoin because of inflation rates. I know that inflation will motivate people to spend their coins and not to hold it . but why should I be against holding ? it wont hurt the network for example
Title: Re: [2016-08-11] Bitcoin Needs Inflation to Work as Money, Says Professor Post by: deeplink on August 11, 2016, 10:49:48 PM Bitcoin has inflation. Currently 5-10% per year.
Back to school, professor! |