Home Bitcoin financial idea – If bitcoin replaces present financial system would not deflation be an issue?

financial idea – If bitcoin replaces present financial system would not deflation be an issue?

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financial idea – If bitcoin replaces present financial system would not deflation be an issue?

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Principally that is the entire query.

From what I perceive in present financial system inflation is intentional(not excessive, however reasonable).
It’s accomplished to inspire individuals to truly spend cash as a substitute of hoarding it.
Which can promote financial progress as a result of individuals can be searching for merchandise they need or put money into companies.

If bitcoin replaces the present financial system, and bitcoin is deflationary would not it work reverse? If we assume inflation promotes financial progress then we additionally assume deflation does the other.

It is type of open query. Simply enthusiastic about ideas on it.

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