So you said that you love what comes after it? What do you think that will be? If your an economist can you tell me if a currency with a finite amount can survive. I personally believe that a currency that deflates over time (fiat) is better for the economy. There is less reason to hoard and you constantly have to seek more out which means buying and working to earn more thus moving the economy along. Do you see this working differnetly with Bitcoin?
The higher the price goes, the more I try to spend mine. WHen the price drops, I stop spending. So, the more it deflates, the more I want to spend it. I don't see a problem.
same here, I hoard when the price drops.
Contrary to austrian bitcoin economists belief system
I really just need a way to hedge