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Replying to Avatar Geek

If you're sticking to the idea that Bitcoin's supply is deflationary, you have a point.

But that's not the only meaning of deflationary. The effect of Bitcoin's fixed supply is increased purchasing power over time. Meaning that the price of things goes down because human innovation is constantly competing those prices down. And there's no way to inflate Bitcoin's supply to cause those prices to increase.

Hence Bitcoin is deflationary.

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Neal 8mo ago

or say, bitcoin’s fixed supply causes prices to deflate

if you have a few extra words to spare

if you care about orange pilling people you love, avoid clumsy speech

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