volition on Nostr: I believe Bitcoin eliminates inflation, however not business cycles (boom and bust) ...
I believe Bitcoin eliminates inflation, however not business cycles (boom and bust) that would continue, production and demand being affected weather.
However these cycles would be shorter as the economy could adjust faster to supply and demand differences, with less ability for government to distort efficient free market functioning.
Thoughts?
However these cycles would be shorter as the economy could adjust faster to supply and demand differences, with less ability for government to distort efficient free market functioning.
Thoughts?