Stop Calling Bitcoin Deflationary.

Anon Hodler
The Bitcoin Times
Published in
13 min readOct 29, 2019

--

Bitcoiners reject inflation. We believe it represents a regressive, silent tax — slowly siphoning wealth from the average person to the politically well-connected.¹

In response, Bitcoin critics claim that while inflation may be frustrating, the alternative is much worse, a stagnant deflationary economy.

--

--

Anon Hodler
The Bitcoin Times

Bitcoiner. Interested in monetary history, Austrian economics, and philosophy. Stanford Law School Alumni.