Deflation is a general fall in the price of goods measured in a particular currency. Deflation indicates an increasing value of currency so that over time, less and less of that currency is required to purchase the same value of goods.
-3
votes
1answer
159 views
How can bitcoin be finite? [closed]
Even if a finite number of coins exist if it can be split up by sending out .000001 per say than I don't see how that wouldn't be infinate money. Because lets say you have one bitcoin that is worth 1 ...
-2
votes
4answers
504 views
How is hoarding to be prevented?
If all humans used bitcoins now (Jan 2013) for most of their transactions, then a dollar would be worth about a billionth of a bitcoin (1/10 Satoshi).
If bitcoins take ten years to catch on that ...
3
votes
1answer
208 views
Why are fiat Currencies inflationary and Bitcoin deflationary?
Why are all fiat currencies inflationary, and lose value with time? Could governments make them deflationary? What are the advantages of inflationary currency compared with deflationary currency?
...
5
votes
3answers
362 views
Bitcoin inflation in 9/12 doesn't seem to have been corrected. Why not and will it be fixed?
I'm looking at the Total Bitcoins in Circulation graph and don't understand why there is a spike of coins being generated in Sept '12. What caused this to happen?
Also, since there is a fixed ...
7
votes
6answers
618 views
Why was Bitcoin designed with a decreasing production rate?
I have no doubt that the person who designed Bitcoin was many times smarter than me but with the benefit of hindsight was the decreasing number of bitcoins a good design decision given the 'hoarding' ...
1
vote
2answers
212 views
How many coins are needed to ensure stability i.e. neither inflation nor deflation?
The key to currency stability is to have neither too many nor too few of a currency in circulation. So what is the "Goldilocks" area going to be if Bitcoin really catches on and everybody wants to use ...
6
votes
4answers
254 views
Psychological price
I live in Europe, and more than a decade ago our national currency was replaced by the Euro. For a few years, everyone calculated back the price in Euro to the old currency when buying something, ...
4
votes
3answers
279 views
Cryptocurrency with less deflationary properties
I wonder what is the benefit of having Bitcoin reduce the coins mined per block over time?
Suppose a slightly less deflationary growth scheme was possible (and keep other properties that make Bitcoin ...
8
votes
3answers
369 views
Changing Bitcoin's deflationary nature
One of the most common criticisms made against Bitcoin is related to its deflationary nature. Regardless of the advantages and disadvantages of an inflationary system, would it possible to change the ...
22
votes
9answers
2k views
Will deflation destroy Bitcoin?
With the limited total quantity of bitcoins, and people losing their wallets constantly decreasing that number, won't rampant deflation destroy Bitcoin?
