Hacker News new | ask | show | jobs
by myzerox 4531 days ago
Yes, the built-in deflation seems to be Bitcoin's biggest question mark.

Other the hand, Bitcoin doesn't have to replace the complete currency system to become a useful medium for transactions.

So, a low-level of inflation can still be maintained via fiat currency.

(We obviously need a certain amount of inflation to encourage people to invest vs. hoarding their money.)