Hacker News new | past | comments | ask | show | jobs | submit login

As a trading currency, it works fine.

As a store of value, it's deflationary nature makes it unsuitable for widespread adoption. An economy doesn't function well if people get rich merely by holding the currency (as opposed to investing the currency).




Bitcoin is deflationary by design. As a store of value, this is the ideal characteristic (as your store keeps gaining value).




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: