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Question: I forgot to state my initial impetus for contacting you. I see a common thread. What mp3s did for artists (though it could have turned out even better had mp3.com not been shut down) bitcoin stands to do for all people. Decentralize the power. Re: deflation, it's not a bad thing like the article says.
Asked by JimmaJamma (67.84.38.x) on June 2 2015, 1:03am
Reply on June 2 2015, 3:42pm (edited at June 2 2015, 3:44pm):
    I'm no economist, but my understanding is that deflation is very much a bad thing for most participants of economies. It greatly favors those with excess over those with nothing, and doesn't provide incentive for investment or commerce.

    Also: to buy anything with bitcoin requires trusting the merchant completely. If I pay you 1 BTC for something, and I never get it, I really have no recourse, other than to complain. It's like I sent you cash in the mail.
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