What are inflationary and deflationary systems? Can you help me understand what these terms mean and why I should care? Why are these words thrown around so much in bitcoin and cryptocurrencies in general? Watch, learn, and laugh.
Chapters
0:00 I know you are not an economist but could you explain in simple terms what a deflationary system is and how it relates to an inflationary system? What are the pros and cons?
0:50 Inflationary system
2:53 Deflationary system
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