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Would a Bitcoinstandard incentivice spending and fuel the economy?

Bitcoin Reddit

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The common thought is that you need 2% inflation to incentivice people to not hold their money but spend it instead.

However, if you are in an inflationary currency and save to pay for example for a car, then the car gets more expenaive while you save for it. So you will have to hold your money for longer. But would not that be bad for the economy in the common logic?

However, in a Bitcoin standard, and hard money that is slightly deflationary the car would get cheaper while you save for it. So you don't have to hold your money for that long and are able to buy it quicker.

So should not be a Bitcoin standard be better for the economy since it allows for quicker spending and faster flow of money?

submitted by /u/proof-of-conzept
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