Not all contrarians are the same
Debunking Economics - the podcast
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Is Bitcoin a Good Thing?
If a country exclusively used bit coin, and we know there's only going to be 21 million, i mean, prices couldn't go up, could they? If production in that country goes up and people want to buy more, and you've only got a limited amount of money in in circulation, prices would have to go down. It can only be deflationry, can't it? So that is a realtat. That's effectually the concept that your currency would deflate. Is that a good thing? D bitcoin tog, the thing which appeals to people at bitcoin above all else is that its value rises overtime. And this is something which actually saw neil ferguson
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