Yanis Varoufakis personal blog
Bitcoin: A flawed currency with a useful application for the Eurozone (2014)
The responses of many to my post on Bitcoin reveal a powerful tendency to underestimate the ill-effects of deflation on a social economy. This tendency to underestimate deflation’s deleterious impact matters beyond debates on Bitcoin per se. For example, in Europe the incapacity of the European Central Bank (ECB) to…
- Points
- 115
- HN comments
- 97
- Submissions
- 1
- Cited by
- 0 commenters
Crypto & BlockchainTech Industry & Business2015
On Hacker News
| Submitted | Title on HN | Points | Comments |
|---|---|---|---|
| Jul 3, 2015 | Bitcoin: A flawed currency with a useful application for the Eurozone (2014) by gws | 115 | 97 |
