Bitcoin major fail - doesn't allow credit creation (aka deflationary currency)

[Richy_T]

I bought a small quantity of bitcoins a couple of months ago. In that time, no one has decreased the value of what I hold by counterfeiting more bitcoins. In fact, my holdings will currently purchase approximately 33% more USD than when I purchased them. What's not to like?

[Kettenmonster]

The issue that I see with Bitcoin is that it doesn't allow credit creation.

This assumption is simply wrong.
There is no line of code supporting such a conclusion.

Any currency is not allowing credit creation out of its own.
It's how the banks (ab)use money that allows credit creation.
Apply this to Bitcoins ... and there you are.