With a limit of 21 million, Bitcoin is deflationary, however, popular economic theory states that inflation is necessary for economic growth. Could bitcoin use hurt the growth of an economy? Can an economy work with a deflationary currency?
This question is from the March monthly patron session, which took place on March 21st, 2020. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a Community Builder on Patreon: https://www.patreon.com/aantonop
Bitcoin Q&A: How would Bitcoin be affected by a return to a gold standard? – https://youtu.be/NmiT-a2g0fw
Bitcoin Q&A: Will bitcoin become the world’s reserve currency? – https://youtu.be/ctz4E5Z21No
Bitcoin Q&A: Medium of exchange, unit of account, and reserve currency – https://youtu.be/ExuHOCyje-w
Bitcoin Q&A: What is the appeal of sound money? – https://youtu.be/tfba4FFErrQ
Outside the Golden Cage of Banking – https://youtu.be/ZBIkC7nkbWE
Andreas M. Antonopoulos is a best-selling author, speaker, educator, and highly sought after expert in Bitcoin and open blockchain technologies. Andreas has written two best-selling technical books for programmers, “Mastering Bitcoin” and “Mastering Ethereum”. He has published “The Internet of Money” series of books, which focus on the social, political, and economic importance and implications of these technologies. He is known for making complex subjects easy to understand and highlighting both the positive and negative impacts these technologies can have on our global societies.
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