Deflation means prices drop over time, so money can buy more. However, it often signals reduced demand or economic slowdown, which comes with its own challenges
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Deflation means prices drop over time, so money can buy more. However, it often signals reduced demand or economic slowdown, which comes with its own challenges
How would a deflationary society work?
In a deflationary society, prices drop over time and money increases in value, which might seem positive. However, it can also lead to reduced spending and investment, ultimately slowing economic growth and innovation
How does BTC people plan on mitigating economic slowdown if we move to a bitcoin standard?
Many BTC advocates believe bitcoin’s fixed supply encourages disciplined saving, potentially reducing reactive spending swings. Meanwhile, fintech innovations and alternative financial tools might help keep liquidity and activity robust
What is the difference between BSV, BCH and BTC?
BSV focuses on massive scaling and enterprise applications, BCH emphasizes lower fees and faster transactions, while BTC is seen as digital gold with a fixed supply for store-of-value purposes
Are there forks of Ethereum as well?