Why would you buy a smartphone today when the price will be lower tomorrow?
That's nicely concise. 
Topic: 2013-04-01 Business Insider 'The Bitcoin Economy & Hyperdeflation' (Read 911 times)
April 01, 2013, 02:51:46 PM
Omg, bitcoin price is increasing day after day, sell sell sell
no wait
no wait
April 01, 2013, 02:07:24 PM
Why would you buy a smartphone today when the price will be lower tomorrow?
Because you have calls to make today.+1
Because we aren't falling for the much debunked deflation scare.
April 01, 2013, 12:42:26 PM
Why would you buy a smartphone today when the price will be lower tomorrow?
April 01, 2013, 12:41:15 PM
Quote
Why would you buy a pizza (or pot or anything else) when tomorrow your Bitcoin will be worth more?
Why would you buy pizza with any currency if you can earn interest by leaving it in a savings account?
I think you're onto something...
April 01, 2013, 12:35:43 PM
Quote
Why would you buy a pizza (or pot or anything else) when tomorrow your Bitcoin will be worth more?
Why would you buy pizza with any currency if you can earn interest by leaving it in a savings account?
April 01, 2013, 12:01:04 PM
If you get tired of making all this money, sure, sell some of your BTC stash into fiat.
Then you can enjoy the hyperinflation for a while, or even balance the risk/reward of each.
Having BTC as a deflationary currency is good. Having the opportunity to use both deflationary and inflationary currency is even better!
Then you can enjoy the hyperinflation for a while, or even balance the risk/reward of each.
Having BTC as a deflationary currency is good. Having the opportunity to use both deflationary and inflationary currency is even better!
April 01, 2013, 11:58:02 AM
2013-04-01 Business Insider 'The Bitcoin Economy & Hyperdeflation'
http://www.businessinsider.com/bitcoin-hyperdeflation-2013-4
http://www.businessinsider.com/bitcoin-hyperdeflation-2013-4
Jump to: