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Author Topic: 2013-09-01 Deflation Will Not Cause Problems For Bitcoin  (Read 559 times)
zakoliverz (OP)
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September 02, 2013, 11:24:35 AM
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http://www.newfination.com/2013/08/31/deflation-will-not-cause-problems-for-bitcoin/4600/

This is because of its fixed stock. The success of fiat money is that central banks can create more as the demand for money increases thus making it useful as an exchange mechanism and unit of account. Of course the decree of “legal tender” is a huge advantage too.
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How can the Bitcoin system be changed?
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HenryRomp
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September 02, 2013, 11:30:32 AM
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The author of this article is so confused and ill-informed it's almost sad to read it.
A properly secured wallet with bitcoin is in my opinion the safest, most secure, best all-around bet for holding wealth at this moment in history. Go ahead, call me crazy. They've been calling me crazy since 2013.
https://churchofbitcoin.org/
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September 02, 2013, 05:50:03 PM
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Quote from: HenryRomp on September 02, 2013, 11:30:32 AM
The author of this article is so confused and ill-informed it's almost sad to read it.

So confused. Save your time, and skip this article.
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