LogFAQs > #948397987

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Topic	Bitcoin broke 20K
Squall28 12/16/20 9:19:31 AM #11:	EndOfDiscOne posted... There are surely going to be many more Bitcoin bubbles that grow and pop, but positive growth over the long term as long as people continue to buy it. How does constant deflation help bitcoin's case as a currency? You're always going to encouraged not to spend it because the value goes up. And what would happen if it doesn't go up in value anymore and actually becomes a usable currency? What are all the "investors" going to do? --- You can't go back and change the beginning, but you can start where you are and change the ending. -Misattributed to CS Lewis <cite>Squall28 posted [p:948397987] in Bitcoin br... [t:79179131]...</cite> <quote>EndOfDiscOne posted... </cite> <quote>There are surely going to be many more Bitcoin bubbles that grow and pop, but positive growth over the long term as long as people continue to buy it.</quote> How does constant deflation help bitcoin's case as a currency? You're always going to encouraged not to spend it because the value goes up. And what would happen if it doesn't go up in value anymore and actually becomes a usable currency? What are all the "investors" going to do? --- You can't go back and change the beginning, but you can start where you are and change the ending. -Misattributed to CS Lewis</quote> ... Copied to Clipboard!
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