[TheRubyist]

I understand benefits of devaluation if there is a hyper inflation. There is no authoity that could really devaluate bitcoin price, but we could try to devaluate peception of unit here.

[colanderman]

…except BitCoin isn't experiencing inflation. It's experiencing deflation.

(Inflation is when the value of a currency decreases, causing the price of goods in that currency to increase or inflate.)