Bitcoin may be inflation proof, but it doesn’t seem like bitcoin is deflation proof.

An example is you buy house for 2 bitcoin, then a few years later after bitcoin has increased its value the house is now worth only 1 bitcoin.

What is the solution to this problem?

I suppose the value of everything would also be approximately half as many bitcoins, but without a fiat currency to measure against what would be used to track the value of bitcoin?

#bitcoin #cryptocurency #fiat #monetary #policy

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