From a4eb06a4152ae04312580c640bc0a3f998dcf534 Mon Sep 17 00:00:00 2001 From: clenser Date: Tue, 17 Oct 2023 20:55:41 +0000 Subject: [PATCH] Edited ch12_mining.adoc with Atlas code editor --- ch12_mining.adoc | 4 ++-- 1 file changed, 2 insertions(+), 2 deletions(-) diff --git a/ch12_mining.adoc b/ch12_mining.adoc index 429fb31a..631eff8b 100644 --- a/ch12_mining.adoc +++ b/ch12_mining.adoc @@ -163,7 +163,7 @@ to inflate the supply of ((("bitcoins", "mining", "currency creation", startref= .Deflationary Money **** -The most important and debated consequence of +The most ((("deflation", id="deflation")))((("inflation", id="inflation")))important and debated consequence of fixed and diminishing monetary issuance is that the currency tends to be inherently _deflationary_. Deflation is the phenomenon of appreciation of value due to a mismatch in supply and demand that drives up the value @@ -196,7 +196,7 @@ at the expense of savers. It remains to be seen whether the deflationary aspect of the currency is a problem when it is not driven by rapid economic retraction, or an advantage because the protection from inflation and debasement -outweighs the risks of((("Bitcoin", "economics of", startref="bitcoin-economics")))((("economics of Bitcoin", startref="economics"))) deflation. +outweighs the risks of((("Bitcoin", "economics of", startref="bitcoin-economics")))((("economics of Bitcoin", startref="economics")))((("deflation", startref="deflation")))((("inflation", startref="inflation"))) deflation. **** === Decentralized Consensus