Bitcoin has had an annualized return of 108% in the last 10 years. Considering it as a currency, that's a hyper deflation, for 10 years. I know it cannot continue to grow at the same rate but even 1/4 of the growth at around 25% is kind of massive deflation.
Saw this comment in another sub. " If you know something is gonna be cheaper tomorrow you don’t buy it today. Eventually production stops because no one is buying anything and suddenly there is no more gdp being produced."
How do we answer this? Are there any specific podcast/YouTube video that explains this specific aspect of Bitcoin?
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