Bitcoin has inflation. Currently 5-10% per year.
Back to school, professor!
Topic: [2016-08-11] Bitcoin Needs Inflation to Work as Money, Says Professor (Read 331 times)
August 11, 2016, 05:49:48 PM
August 11, 2016, 04:35:11 PM
why should we need inflation ? people hate fiat and tend to use bitcoin because of inflation rates. I know that inflation will motivate people to spend their coins and not to hold it . but why should I be against holding ? it wont hurt the network for example
August 11, 2016, 03:45:28 PM
Bitcoin Needs Inflation to Work as Money, Says Professor
Satoshi Nakamoto would probably have built inflation into the Bitcoin protocol to avoid mining centralization – if he could start over again – says a professor known for his controversial Bitcoin statements.
https://news.bitcoin.com/bitcoin-inflation-work-money-professor/
Satoshi Nakamoto would probably have built inflation into the Bitcoin protocol to avoid mining centralization – if he could start over again – says a professor known for his controversial Bitcoin statements.
https://news.bitcoin.com/bitcoin-inflation-work-money-professor/
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