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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.

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Will cryptocurrencies that have a finite supply (like 21m btc) cause deflation?

The question isn't whether demand will fall generally with bitcoin. The question is, what will happen in a recession with bitcoin as the only currency? I believe if bitcoin is the only currency, most …
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