> Spending does not stop. It may slow. Most arguments against deflation are largely strawmen, and the historical examples of it are usually a result of too much government intervention, or it following a period of high inflation.
Ummm... You realize you just made this up out of thin air, and provided no proof.
> Here's an example of deflation: Moore's Law. If computing power is going to double in 18 months, then a computer I buy now will be worth much less in 18 months. If that's the case, best not buy that computer and wait 18 months right?
That happens all the time. People wait for refresh cycles but I don't see how this is relevant to currencies or macroeconomics. It certainly backs nothing you've said.
> Another example is a car. It loses 20% of its value on purchase and continues to lose value year on year and is eventually worth nothing.
sigh You're not accounting for the utility of using the car. At some point the marginal utility of new features will be less than the utility of something today... Microeconomics courses would help clear up this for you.
> Economic theorists are mostly employees or funded by the banks, the central banks and the governments. There's a "consensus" among them that inflation = good because it benefits the industries they work for.
Conspiracy theory, much? Also that's like saying because physicists are employed by someone they must all be maligned to say the same evil bullshit. Might as well tell me the earth is flat, mate.
> Anyway, it does not matter, because Bitcoin cannot be inflated, and if people now have the choice to hold a deflationary currency or an inflationary one, let them pick! We'll see if those economists were right after all when people actually have a choice.
You're right, the ignorant and poor will be given the opportunity and "choice" to lose their money and savings because ignorant loud mouthed people who have done no actual research or learning are spouting shit which sounds compelling. It's a lot like people selling radioactive tonics to make you live longer at the beginning of the 1900s. People who are ignorant of the science, ramifications, and who don't are to not be are advising people as though they aren't... and people's lives will be ruined for it.