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Author Topic: ApplePay doesn't solve this. [US DOLLAR vs BITCOIN super simple visual]  (Read 2851 times)
jyakulis
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September 28, 2014, 01:36:42 PM
 #41

Haha, yeah maybe prices only rose that much in government CPI fantasy world but in the real world where all the inflation hits things people need most like food, medical, and housing forget it.

You have to have not of shopped for groceries the past 5 years if you can't see the government numbers are full of shit. On top of that, food companies are slightly reducing the size of thing to augment the shock. Drop a couple ounces here and there....

I don't need shadow stats to tell me that the price of food has gone through the roof.

Silence stay with me, wrap me in quiet. Here all alone, my eyes on the sky.
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fathur01
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September 28, 2014, 04:13:42 PM
 #42

These would make seriously good billboards.

In timesquare. Imagine that! Full building digital ad with a qr to scan and everything! Theymos should pay for one with the forums stash!

colinistheman
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September 29, 2014, 12:50:00 AM
 #43

These would make seriously good billboards.

In timesquare. Imagine that! Full building digital ad with a qr to scan and everything! Theymos should pay for one with the forums stash!

That would be one hell of a contribution to spreading the awareness of Bitcoin
CrackedLogic
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October 02, 2014, 07:31:17 PM
 #44

These would make seriously good billboards.

In timesquare. Imagine that! Full building digital ad with a qr to scan and everything! Theymos should pay for one with the forums stash!

That would be one hell of a contribution to spreading the awareness of Bitcoin

That's a badass idea, theymos shouldn't pay for it. The forum's  funds stays here, we should do a crowd funding.

Shocked BUY GAMESWITHBTCITCOINFORDISCOUNTEDPRICES Shocked
toleng
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October 03, 2014, 02:47:41 AM
 #45

except there technically is pretty srs inflation for a while to start with for btc

True, but interestingly the inflation of the number of coins mined (even with this creation being greater at the beginning), is still having a generally uptrending price if you take it on a span of years. So the price is still deflating even though the supply is inflating. Tell that to the dollar.
Japan had a period of ~10 years of deflation they they only semi-recently were able to get out of. In order to get out of a deflationary cycle they had to "print" trillions of dollars worth of yen over that decade.

Having a greater number of currency units does not necessarily mean that the purchasing power of each until will decrease (have inflation)
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August 02, 2018, 08:57:24 PM
 #46

Not really deflation but 0.2*deflation + 0.8*speculation  Smiley
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