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1  Economy / Economics / Re: Inflation and Deflation of Price and Money Supply on: May 23, 2018, 10:20:14 PM
Bitcoin is an inherently deflationary currency.  However, Keynesians would have you believe that a deflationary currency is bad because it forces people to horde and not spend their money.  This propensity for people to generally horde a deflationary currency is good because it aligns the capital interests to appropriately be deployed to long term investments rather than consumption.

Once Bitcoin has appropriate lending markets it will help the economy drastically to allow for sound lending markets where lenders are getting appropriately compensated for long term lending.  The gov't is constantly destroying the credit markets with low interest rates through the central banks to prop up toxic non producing industries like Real Estate.  Once the Sovereign credit dries up, (which is currently happening in the US Bond markets) the governments will no longer be able to keep interest rates low.

This is where bitcoin will come in and replace these fiat currencies as sound money =)
2  Other / Off-topic / $4 MM Ripple donated on Ellen - Good or Bad? on: May 23, 2018, 09:57:20 PM
https://www.youtube.com/watch?v=IfEyQXiORMw

I have mixed feelings about this.  It's great because it's for charity but don't like that it's Ripple (centralized coin).

What do you guys think? Is this good for the ecosystem as a whole?
3  Alternate cryptocurrencies / Speculation (Altcoins) / Re: LTC or NEO to touch $500 first on: May 23, 2018, 09:39:12 PM
Neo seems extremely undervalued atm
4  Alternate cryptocurrencies / Speculation (Altcoins) / Re: LTC or NEO to touch $500 first on: May 23, 2018, 07:49:28 PM
NEO will get there first because they are building an amazing ecosystem and platform.  Litecoin is just a cryptocurrency and with the lightning network it's become redundant.
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