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Showing posts from December, 2017

What a deflationary currency will bring to the world?

I have been wondering about this lately. Then I found this article:

http://eliasbizannes.com/blog/2017/10/why-bitcoin-or-another-deflationary-currency-will-lead-to-an-economic-revolution/

TL;DR: as long as investment has higher return then hoarding the deflationary currency, people will invest instead of hoarding.

Similarly, if market maker can make more than hoarding XRP, market maker will make market instead of hoarding.