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Topic: Has cryptocurrency a deflation problem? such as bitcoin,litecoin,or bitcoin cash (Read 102 times)

sr. member
Activity: 714
Merit: 257
Has cryptocurrency a deflation problem? such as bitcoin,litecoin,or bitcoin cash

I dont see deflation as a problem, inflation is a problem, when someone can just print as much money as they want, and then dump it on us. What use is it if you can just print it on will.
full member
Activity: 322
Merit: 111
Revolutionized Rotating Savings & Borrowings
Quite the contrary, deflation is the reason most of the assets here will appreciate. That is the main reason people are hoarding right now, they don't want to spend something that will be more valuable in the future.
copper member
Activity: 2324
Merit: 2142
Slots Enthusiast & Expert
I don't think deflation is a problem with cryptocurrency, it is problem for fiat though.
For example if price increase, we can use more fiat to pay, for example from $10 to $20 (inflation) -> can use two $10 bill to pay.
But how about $1 to $0.5 (deflation).
Assumed $1 is the smallest fraction then we have to buy two goods minimum to be able to pay with $1 bill.
newbie
Activity: 1
Merit: 0
Has cryptocurrency a deflation problem? such as bitcoin,litecoin,or bitcoin cash
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