Timeline for Will deflation destroy Bitcoin?
Current License: CC BY-SA 3.0
4 events
when toggle format | what | by | license | comment | |
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Dec 11, 2012 at 23:09 | comment | added | Camilo Martin | But the value of the coins change accordingly, right? So at most, we will have less granularity, but just as much capacity to represent money, correct? | |
Dec 11, 2012 at 23:00 | comment | added | RobKohr | Well, it is a diminishing in output (less bitcoins produced over time). They are not an endless resource, there will only be at most 21M of them, and there will be less over time as they are lost. | |
Feb 19, 2012 at 3:47 | comment | added | Camilo Martin | Wait a minute... what do you mean with "non-renewable"? Isn't bitcoin an endless resource (unlike gold or silver)? | |
Nov 27, 2011 at 0:08 | history | answered | RobKohr | CC BY-SA 3.0 |