Bitcoin is in hyperdeflation
newstatesman.com
Bitcoin is in hyperdeflation
1–3 of 3 posts
Re: Bitcoin is in hyperdeflation
#2I'm surprised so many people in the tech community have fallen for this Ponzi Scheme.
For example, many heard about "some guy bought a $25 pizza with 10,000 bitcoins", but no one has thought about what this means. It means someone now has that 10,000 "coins" (which is close to 2'000,000). This also means someone had this amount (and possibly much more).
And, finally, no one questions who posseses the first "coins".
That's why the creator is anonymous.
Just my 2 cents.
Re: Bitcoin is in hyperdeflation
#3"let's be honest, here – a large proportion of the actual use of the currency is criminal in nature"
The criminal does not discriminate when its about to choose a currency for criminal activity. That is, if we're talking about the common criminal, but how about printing money? How government mass money printing on the current currency owner's expense is not basically just value stealing and therefore a criminal activity?