Who’s afraid of deflation?
Fiat defenders love to fearmonger: “If money gains value, no one will spend!”
Really? Look around — people already spend like crazy. They borrow, go into debt, and sign up for interest payments just to have their stuff now. They gladly pay more tomorrow, just to get it today.
So why would they suddenly stop spending under Bitcoin?
They won’t. They’ll just be smarter about it.
Deflation doesn’t kill economies — it kills easy-money scams.
Bitcoin flips the script. And that’s exactly why they’re scared.