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RE: Why Bitcoin’s Fixed Supply is Problematic - According to Yanis Varoufakis

in #economics6 years ago

I guess I meant that the supply could change at a predictable rate which doesn't cap out at some number like bitcoin does. And the development community for coins do have this sort of power, which is why I think the critique at bitcoin doesn't really work, especially if you broaden bitcoin to be crypto currencies in general.

Ha, well the world would be very different if we were actually living in that world, but if things kept getting cheaper, I would expect the same to happen to wages or the thing wouldn't be sustainable.

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