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by kemotep 895 days ago
An opinion backed by mainstream economic consensus but, yes an opinion. I do not need to utilize heterodox models to justify why a hyper deflationary monetary system is a bad idea. I can base this opinion off economic fundamentals and data points showing the negative impacts such a system would have. But you probably understand this, and have justifications for why the positives outweigh the negatives. I don’t reach that opinion and we likely won’t see eye to eye on that point. You probably made this account specifically to push back on the mainstream opinions of cryptocurrencies.
1 comments

  why a hyper deflationary monetary system
Bitcoin is inflationary until 2044