No, Bitcoin Is Not ‘deflationary.’

It’s actually something way better

Photo by André François McKenzie on Unsplash

I’ll confess up front, I’m one of the worst offenders.

I’ve lost count of the number of times I’ve said Bitcoin is “deflationary.” But, like the alcoholic finally admitting he has a problem, it ends here.

It’s laziness really. Most people understand what “deflationary” means so it’s the nearest…