Deflationary spiral: Revision history

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22 November 2011

  • curprev 07:5907:59, 22 November 2011Gmaxwell talk contribs 8,092 bytes +15 Bitcoin is fiat money too— it's a fiat of a mostly immutable distributed protocol, not a government subject to political whim, but a fiat none the less.
  • curprev 07:5807:58, 22 November 2011Gmaxwell talk contribs 8,077 bytes −1,396 The 'supply' vs 'demand' argument doesn't make sense, you can do bitcoin transactions in very fine units so if it goes up in value it's not like you can't get enough to make discrete payments. Also rm all the stuff about bitcoin currently going up
  • curprev 07:4707:47, 22 November 2011Gmaxwell talk contribs 9,473 bytes −704 Remove text about changing the software, if you make that kind of change it won't communicate with other bitcoin nodes— effectively it won't be bitcoin anymore. Easier to get an alternative adopted instead.

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