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1  Economy / Economics / Re: Inflation and Deflation of Price and Money Supply on: March 28, 2014, 03:50:53 AM
so much stuff to read, i think the biggest plus to bit coin the set rate of inflation. its just one less thing to worry about. the only way to really manipulate the price would be a mass adoption as a secondary currency. if we can keep pushing the adoption. With a set number of currency to be made, the only main issue to create price is velocity. since this velocity is so high and the inflation rate known. we could expect the price to jump again. the issue is more of a convinence thing. most people would just not get the crypto currency concept. they have probubly just invented another type of stock. its just that this product can be acsessed by a average person better. sorry for spelling its late where i am.
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