Bitcoin might have a dangerous deflationary bias due to it baked in supply limit:http://neweconomicperspectives.org/2013/04/talking-bitcoin.html …
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I'm not a fan of private competing currencies. Might work in a world of perfect bank competition (fantasy)
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But locking yourself into a deflationary/gold standard-esque cage is folly for any (high IQ) country.
End of conversation
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