Why Most Economists Hate Bitcoin

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·@heiditravels·
0.000 HBD
Why Most Economists Hate Bitcoin
![inflationIMAGE.jpg](https://cdn.steemitimages.com/DQmP9wB4nMT3xp8XKdkEUvUTX8rHzpieYxva9Mz4qTEPjeD/inflationIMAGE.jpg)

### Want to know what inflation is and how it's played an effect on your money over the years?
### Want to know what deflation is and why Satoshi Nakamoto designed Bitcoin in this way?
# Check it out here:
https://youtu.be/4UmIPZ4lIwI
# [VIEW VIDEO HERE^^^](https://youtu.be/4UmIPZ4lIwI)

# Additional Reading:

[Edward Griffin explains inflation in a very relatable way](https://www.youtube.com/watch?v=cqB8wpoKgRE)
[Inflation vs Deflation](https://blockonomi.com/bitcoin-deflation/)
[Downside to deflation](https://surgeholdings.com/2018/04/12/financial-terminology-bitcoin-inflationary-vs-deflationary/)
[What a deflationary economy can look like, ushered in by BTC](http://eliasbizannes.com/blog/2017/10/why-bitcoin-or-another-deflationary-currency-will-lead-to-an-economic-revolution/)

# Book Recommendations:
* ## A History of Money and Banking in the United States by Murray Rothbard
* ## A Monetary History of the United States by Milton Freidman
* ## The Creature from Jekyll Island by Edward Griffin
* ## The Bitcoin Standard: A Decentralized Alternative to Central Banking by Saifedean Ammous
* ## Skin in the Game by Nassim Taleb
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