luzhaoxiong (luzhaoxiong)

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Edit: That being said, there is a SET DECREASE in the generation rate of BTC, so you have sort of a "deflationary effect" in the value, as long as more exchange occurs for BTC at a rate which is faster than that set generation rate.

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Hopefully one day I will understand more about all this. It's a lot to take in and I just found out about Litecoin last night, which adds to the pile. Why didn't I pay more attention when it came to economics....that's right, I went to public school, it wouldn't have mattered. Lips sealed

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