[dosenbrot]

> With built in and inevitable deflation. Why is everyone thinking deflation is a bad thing? "Oh no, how horrible, my money isn't loosing value over time so I dont't have to buy things I don't need and can start to save money without loosing value"

[tfehring]

Lots of reasons, see e.g. [0] for a brief explanation of a few of them.

[0] https://krugman.blogs.nytimes.com/2010/08/02/why-is-deflatio...

[tim333]

They are not really distinguishing between deflation in a national currency that people's wages and debts are denominated in which is a problem, and bitcoin going up which isn't really.

No one's taking out a bitcoin mortgage to buy their house with.

[tsss]

Because it leads to catastrophic economic crisis and starvation of millions. Anyone with half a mind has known this since the 1930s at least.