2013-04-02 Bitcoin is in hyperdeflation

Bitcoin Forum

May 11, 2024, 02:22:05 AM

Welcome, Guest. Please login or register.

News: Latest Bitcoin Core release: 27.0 [Torrent]

Home

Help

Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > 2013-04-02 Bitcoin is in hyperdeflation

Pages: [1]

« previous topic next topic »

Author

Topic: 2013-04-02 Bitcoin is in hyperdeflation (Read 1171 times)

m1bxd (OP)

Newbie

Offline

Activity: 41
Merit: 0

2013-04-02 Bitcoin is in hyperdeflation

April 03, 2013, 06:45:57 AM

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

1715394125

Hero Member

Offline

Posts: 1715394125

Ignore

1715394125

1715394125


	Report to moderator

1715394125

Hero Member

Offline

Posts: 1715394125

Ignore

1715394125


	Report to moderator

1715394125

Hero Member

Offline

Posts: 1715394125

Ignore

1715394125


	Report to moderator

The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.

m1bxd (OP)

Newbie

Offline

Activity: 41
Merit: 0

Re: 2013-04-02 Bitcoin is in hyperdeflation

April 03, 2013, 06:58:19 AM

Quote from: m1bxd on April 03, 2013, 06:45:57 AM

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!

Wekkel

Legendary

Offline

Activity: 3108
Merit: 1531

yes

Re: 2013-04-02 Bitcoin is in hyperdeflation

April 03, 2013, 07:23:17 AM

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.