Bitcoin’s Recent Volatility Risks Deflationary Spiral, Could Undermine It as a Currency

https://www.extremetech.com/wp-content/uploads/2017/12/488159-bitcoin-768x432.jpg 768w, https://www.extremetech.com/wp-content/uploads/2017/12/488159-bitcoin-640x360.jpg 640w, https://www.extremetech.com/wp-content/uploads/2017/12/488159-bitcoin-223x126.jpg 223w, https://www.extremetech.com/wp-content/uploads/2017/12/488159-bitcoin-106x59.jpg 106w, https://www.extremetech.com/wp-content/uploads/2017/12/488159-bitcoin-348x196.jpg 348w, https://www.extremetech.com/wp-content/uploads/2017/12/488159-bitcoin.jpg 810w" sizes="(max-width: 300px) 100vw, 300px" /> If you know that a dollar today is worth $5 a year from now, you’re going to fight like hell to avoid spending a single dollar more than you absolutely