OpenRuby.com

23 Dec '12, 11pm

Jon Matonis - Fear Not Deflation #bitcoin

Jon Matonis - Fear Not Deflation Forbes contributor and Bitcoin Foundation board member Jon Matonis (@JonMatonis ) shares the argument by Austrian economists that price deflation is nothing to fear. Excerpts: “Deflation is not a problem in the traditional monetary system and it will not be a problem in the bitcoin economy.” - “Although the supply of [bitcoins] will be relatively static with the exception of attrition through permanently lost coins, I will refer to the monetary phenomenon as deflation because as bitcoin’s asset value increases compared to political numéraires, its effect on price expression will be seen as deflationary.” - “An economy with a monetary unit that increases in value over time provides significant economic benefits such as near zero interest rates and increasing demand through lower prices.” - “‘During an inflation, you want to get rid of the mo...

Full article: http://www.bitcoinnews.com/post/38664629342/matonis-fear-...

Tweets

Forbes explains how Bitcoin deflation is good: ...

news.ycombinator.com 23 Dec '12, 7pm

I hope there are better arguments for the deflationary nature of Bitcoin than this article.The author uses the utterly sen...

New Post: Fear Not Deflation via @Forbes #bitcoin #money #liberty #austrianeconomics

New Post: Fear Not Deflation via @Forbes #bitco...

forbes.com 23 Dec '12, 5pm

The Great Depression dealt a near-fatal blow to such common-sense thinking about prices and the price level. A new generat...

India Bitcoin #bitcoin

bitcointalk.org 26 Dec '12, 1pm

Information about bitcoin is found scattered all over the net. India Bitcoin is a one-stop-info-shop for all important thi...

Column #bitcoin

veiligleefbaar.nl 27 Dec '12, 9pm

Follow the money is een belangrijke tactiek van de politie om dit soort clubs op te rollen. Forumleden betalen elkaar via ...

Amazon accepting bitcoin!!! #bitcoin

bitcointalk.org 25 Dec '12, 5am

Bitcoin's unique properties are similar to thos...

reddit.com 24 Dec '12, 12pm

"Are you saying that these 'miners' essentially create bitcoins out of thin air (which they then award to themselves)? Or ...

Free holiday bitcoins! #bitcoin

reddit.com 25 Dec '12, 7am

Not tryin to get anything, not tryin to sell anything, just wanna give out some free bitcoins to a few lucky people, sprea...

The Mystery of Bitcoin

The Mystery of Bitcoin

bookofjoe.com 25 Dec '12, 9pm

We're going to be talking a little bit about a virtual crypto currency? I'm really impressed by what they've done and by t...

is ripple a trojan horse that will destroy bitc...

bitcointalk.org 23 Dec '12, 9am

I definitely don't see it as a threat to Bitcoin, and I see it as a complement that, if it works, will reinforce Bitcoin. ...

Geoff Roes thinks he's found the cause of his illness: overtraining syndrome. Fear it.

Geoff Roes thinks he's found the cause of his i...

akrunning.blogspot.com 22 Dec '12, 7pm

I am so sorry you are fighting this. I can totally relate. I am not sure what labs you have had but I was (am) having symp...

ビットコインに興味がある方は是非覗いてみてください。 #ビットコイン #bitcoin

weusecoins.jp 27 Dec '12, 11pm

Creative Commons Attribution 3.0 Unported License . This work is based on the original English-language site at