Hacker News new | ask | show | jobs
by logicchains 693 days ago
And you're comparing annualised inflation to the deflation over a decade, which is equally embarrassing. Regardless, all other things being equal anyone who has their own financial interests at heart would rather hold a currency that experienced 20,000% deflation since its creation than one that lost 99% of its value to inflation since its creation. Because the best predictor of future performance is past performance.
1 comments

Did you just try to browbeat me for not breaking down the deflation over a time period... then compare 10 years of BTC movement to some arbitrary period of USD movement?

Then top it off by claiming someone would want a currency that deflates 20,000%?