How does deflation hurt its adoption?
If people wish to hoard it, and people wish to buy it, then others will follow and also buy. Adoption.
It is not the desire to sell the Bitcoin that will create a liquid economy. It is the exchange for goods and services that is still being built out.
The people that produce the things that we really want daily, like groceries, energy, and transport, they don't yet accept not prefer bitcoin. Maybe in some areas there is an alternative market but they are few and far between.
When that grows, Bitcoin will more naturally flow too. A more spendable bitcoin provides the motivation behind keeping a more liquid wallet and depositing more fiat into that instead of keeping it in fiat.
Almost everyone is oblivious to the inflation going on when it is at a "2%" rate, yet you think they would not be with a 0% rate?
Even a fixed yearly supply would trend to 0% inflation. I think you are trying to tackle tomorrow's problem today. We already have inflation, if you are seeing a problem now, then the lack of inflation has not created that.
Big Barry Bitcoin
npub1pk…tpxa6
2025-05-07 09:37:19
in reply to nevent1q…dgjd
Author Public Key
npub1pktmatjk0l8vn3jhfuwxaasjd65kn4ye9sce3egup7k993f8fg2q5tpxa6Published at
2025-05-07 09:37:19Event JSON
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"content": "How does deflation hurt its adoption?\n\nIf people wish to hoard it, and people wish to buy it, then others will follow and also buy. Adoption.\n\nIt is not the desire to sell the Bitcoin that will create a liquid economy. It is the exchange for goods and services that is still being built out.\n\nThe people that produce the things that we really want daily, like groceries, energy, and transport, they don't yet accept not prefer bitcoin. Maybe in some areas there is an alternative market but they are few and far between.\n\nWhen that grows, Bitcoin will more naturally flow too. A more spendable bitcoin provides the motivation behind keeping a more liquid wallet and depositing more fiat into that instead of keeping it in fiat. \n\nAlmost everyone is oblivious to the inflation going on when it is at a \"2%\" rate, yet you think they would not be with a 0% rate?\n\nEven a fixed yearly supply would trend to 0% inflation. I think you are trying to tackle tomorrow's problem today. We already have inflation, if you are seeing a problem now, then the lack of inflation has not created that. ",
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