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Author Topic: 2013-04-02 Bitcoin is in hyperdeflation  (Read 1101 times)
m1bxd
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April 03, 2013, 06:45:57 AM
 #1

Bitcoin is in hyperdeflation
Bubble or not, the underpinnings of Bitcoin pose problems to its use as a popular currency.

http://www.newstatesman.com/economics/2013/04/bitcoin-hyperdeflation
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m1bxd
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April 03, 2013, 06:58:19 AM
 #2

Bitcoin is in hyperdeflation
Bubble or not, the underpinnings of Bitcoin pose problems to its use as a popular currency.

http://www.newstatesman.com/economics/2013/04/bitcoin-hyperdeflation

Wow reading the Bitcoin communities comments are a fantastic defense of BTC!
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April 03, 2013, 07:23:17 AM
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BTC is not perfect, but it beats everything in terms of control and Word Wide payments. Not recognising this is bad judgement. And yes, fiat and the regular banking system will keep on playing a role. That's nothing to worry about.

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April 03, 2013, 02:51:19 PM
 #4

Ah! Joe Weisenthal--My favorite BI counterindicator!
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