Hacker News new | ask | show | jobs
by pjc50 3264 days ago
Bitcoin does not replace more than a small corner of banking. It doesn't even include any loans.
1 comments
lawless123 3264 days ago
lol not sure lending would work if the currency is always increasing in value, why lend money when it will be worth more if you keep it?
link
pjc50 3264 days ago
Sure, but that implies that all business and real estate transactions are going to remain using normal non-deflating money.
link