Viewing profile — tonez

In the context of mining, I think what he really meant is neither inflation nor deflation, but rather issuance . ( http://en.wikipedia.org/wiki/Central_bank#Currency_issuance )

The main line: "So I've been spending a lot of time looking at it. It's truly fascinating, actually, the way the currency's been designed and the way inflation is built-in to pay f…

Good point. Changed the title along the lines of your suggestion.