Another way to think about this thread: Money is the economic system’s equivalent of “working capital”. It’s a buffer between capital inflows and outflows. Blockchain tech enables faster settlement, reducing the need for working capital.https://twitter.com/tusharjain_/status/989653842257154048 …
That's a prescriptive, Central Bank-administrator style question, not a descriptive, praxeological one. Irregardless of the deflationary concerns, this doesn't have any bearing on whether massive value would accrue to Bitcoin in the medium-term or not (individual preferences)
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Whether a deflationary spiral will or will not occur post-hyperbitcoinization has little bearing to the probability of hyperbitcoinization happening or not
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Yes it does. Many people won’t support Bitcoin because of the fear of a deflationary cycle wrecking the whole economy.
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