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comment by b_b
b_b  ·  3889 days ago  ·  link  ·    ·  parent  ·  post: Will bitcoin eat itself?

And hence, why non-inflationary "currencies" are actually deflationary.





mk  ·  3889 days ago  ·  link  ·  

However, that wouldn't explain this failure, would it? Bitcoin is in an inflationary stage. If anything, current inflation coupled with merchants unwillingness to hold it only increases the supply.