Printing more is inflation right? So deflation would be eliminating units in circulation, correct? At what point do we start to take away from the 21 million? We don't. It's not deflationary. Again, technology is and Bitcoin lets us measure that deflation accurately. Bitcoin reflects deflation in nature.
There’s a distinction to be made between harmful deflation caused by credit collapse (or currency collapse) and beneficial productivity driven deflation. Bitcoin does the latter.
Anyways I don’t want to argue. Thanks for expressing your point of view 🫂
Technology does the latter. Bitcoin is the measuring stick. I'm not arguing either. I'm just making a point. Thanks for your input as well. It's important to have these discussions. I've read Saifs books. The standard was the thing that first orange pilled me. You should read Booths.
Just wanted to say that by inflationary vs deflationary all i meant was prices go up with one and down with another
Maybe a little loose with the diction, sorry
No no brother, you're good. All I was trying to do was add a footer note. I just think it's a slightly important distinction. I want trying to step on toes. I was trying to be more informative.