The problem isn't inflation or deflation of the currency, it's people thinking they "overpayed 6x" because the thing they traded has appreciated in value. The only valuation that matters is the one at the time of the trade.
Yes, I agree. But is I don't think a lot of people think the same about it.
But well that is the human greed, i guess.
in 1959 i paid 21 cents for a quart of milk. and about the same for a gallon of gas. perhaps i regret not buying more at the time? in a sense. just like today, when gas went from $3.69 to $3.79, i regret only having filled my tank half-way, yesterday.
Yes, but the timespan in which BTC deflates (?) is like 20% a day. Thats what I think is stopping people from trading BTC for goods.Sure, there is a lot of trading and speculating with BTC on mt. gox and trading hill, but I don't think those people want to contribute to BTC as a currency but just as a way to make a quick buck.