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Danny the reason deflation works with #Bitcoin is because it's infinitely divisible which can't be done with fiat, this is a point that doesn't get discussed often enough

https://fountain.fm/episode/hUe2k7GO0DfrmAdzkNHO

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Discussion

anonymous 10mo ago

Unless the transaction costs remain high enough that exchanging is no longer efficient/viable/feasible.

Petar 10mo ago

We can already divide one Satoshi by a thousand on lightning so scaling on layers won't have that issue and anyone moving utxos won't have that problem

anonymous 10mo ago

That's a fair point. I didn't consider other layers.