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by brg444 4346 days ago
Doing what you suggested would very much destroy any value existing in BTC. The USD is not actually a reference in terms of store of value.

It's deflationary property is a feature, not a flaw.

1 comments

Not proposing doing anything to Bitcoin, it's an idea for controlling the supply of a new crypto-currency.

| It's deflationary property is a feature, not a flaw.

I studied this while getting my economics degree. Methinks you are missing some important behavioral dynamics related to interest rate interactions with consumption and investment.

Here's a lesson from the fed: http://www.philadelphiafed.org/education/teachers/resources/...