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by Glyptodon 2648 days ago
So in some segment of the 1800s economic growth was larger than deflationary pressures which might have been linked to increasing economic efficiency... Seems pretty narrow.

Unfortunately I don't see how bitcoin would be likely to maintain a deflationary rate anywhere near balanced with economic growth if it were used as a primary currency considering its hard capped at 21 million BTC, and an unknown number of coins are pretty much permanently lost. I think it'd have an effect of making primary interest rates have to exceed the rate of Bitcoin's deflation which sounds like a death spiral to me.