That YouTube channel is really good.
He mention some of my first worries regarding bitcoin as a substitute to fiat currencies.
- A deflationary economy can be very bad. If everything is getting cheaper, people will stop spending their money.
- Bad for the poor.
ATH of 480 USD by the way
He mention some of my first worries regarding bitcoin as a substitute to fiat currencies.
- A deflationary economy can be very bad. If everything is getting cheaper, people will stop spending their money.
- Bad for the poor.
ATH of 480 USD by the way