Only if you have a static or economic in permanent recession then yes.
If you have a growing economy (of course not a concern it bitcoin would replace Fiat currencies) it's extremely deflationary. The supply of money has to grow at least at the same pace as the demand for it, otherwise bad things happen...
If you have a growing economy (of course not a concern it bitcoin would replace Fiat currencies) it's extremely deflationary. The supply of money has to grow at least at the same pace as the demand for it, otherwise bad things happen...