Would this hurt the economy if Cryptos
were adopted by the masses?
I was
just thinking that since Bitcoin is deflationary, doesn't that discourage
spending? Once no more bitcoin can me mined, the value of one Bitcoin will
become more and more valuable as the demand increases due to mass adoption.
I'm brand new to crypto currencies, and I have limited knowledge
of economics, so I could be completely wrong here, just a thought I had.
Thoughts?
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