MultiversX Tracker is Live!

Is Bitcoin better for the environment because of deflation?

Bitcoin Reddit

More / Bitcoin Reddit 124 Views

Here is my shower thought:

Inflationary currencies, like the dollar, incentivize people to spend and consume products. Those products and the supply chain to provide the products, use fossil fuels.

Deflationary currencies like Bitcoin, incentivize people to only buy what is necessary, because the value will go up over time. Therefore, people will consume less on frivolous products that pollute the environment.

submitted by /u/BlahBlahBlahLoLLoL
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments