Deflationary spiral

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Revision as of 20:04, 16 December 2010 by Kiba (talk | contribs) (Economic history)
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Deflationary spiral is an economic criticism made against bitcoin that propose that price falling below cost would eventually lead to the collapse of the currency.

Economic history

The first deflationary economic growth is a phrase of economic growth caused by the slashdot effect. From there, we see the the price of bitcoin rose to 0.06 BTC.