A currency that encourages people to hold on to it instead of spending it is a d... | Hacker News

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		Filligree 9 months ago \| parent \| context \| favorite \| on: El Salvador abandons Bitcoin as legal tender A currency that encourages people to hold on to it instead of spending it is a disaster for the economy.

brokenmachine 9 months ago [–]

Have you seen the economy lately?

oblio 9 months ago | [–]

And how would Bitcoin make the economy better?

brokenmachine 9 months ago | | [–]

The government couldn't constantly print more to hand to their mates, thus diluting the value of held dollars.

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