Deflationary spiral is an economic argument that proposes that runaway deflation can eventually lead to the collapse of the currency given certain conditions and constraints. It is a common criticism made against the viability of Bitcoin. The ‘deflationary spiral’ is a real condition that affects the fiat fractional reserve backing system. Bitcoin is not affected by this because it is fundamentally different from fiat currency. (See below for a dissenting argument on this topic.)
Casa Robino
Shared Hospitality Excavations
