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RE: Why Bitcoin Will Not Work As The Sole Currency

in LeoFinance4 years ago

Yea I agree. I don't think those countries would have enough BTC to settle all the transactions going on and it would require some of the largest players. If you add in the deflationary aspects, then I see even less reason why it would work out.

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People think deflation good until they truly take a look at it.

Massive deflation is as bad, if not worse, that inflation. Under that scenario, all are affected and in a negative way.

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