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by rizalp
3218 days ago
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I'm very much agree to this, especially the deflationary part. Current Bitcoin pricing seems to favor the early `investors`, and fluctuate too much. That is not acceptable for use as money, which must store a stable value for a long time... |
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The wealth distribution of dollar is based on how many more people your grandfather killed than my grandfather. I don't have any problem with currency where initial distribution rewards people who took investment risks because they saw potential in innovative new technology.
And volatility - volatility in bitcoin is actually smaller every year, and this trend will continue. And btw volatility is natural and healthy. It's when something is not moving that you should be worried.