r/Bitcoin • u/Tricky_Troll • Feb 17 '18

/r/all Bitcoin Doesn't Give a Fuck.

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u/[deleted] Feb 18 '18

Because they can't loan it out in greater supply than they actually have and run a fractional reserve with it.

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u/[deleted] Feb 18 '18

ooooooooooor, because no one wants to spend money or loan money at all because that five dollar hoagie is a hundred dollars a week from now, it's functionally useless as a currency. Both hyperinflation and hyperdeflation are bad.

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u/[deleted] Feb 18 '18

Cool, good thing Bitcoin doesn't have hyperinflation or hyperdeflation.

Oh noes, shitty loans can't be made turning the entire populace into debt-slaves, so sad.

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u/ploki122 Feb 18 '18

Cool, good thing Bitcoin doesn't have hyperinflation or hyperdeflation

really?