Debunking "People Won't Spend Bitcoin"

Show Notes

A common concern about Bitcoin or fixed-supply money is that deflation will cause people to stop spending. But that doesn’t hold up in practice. In this clip, Steve Lee (@moneyball) and Max Webster (@MaxAWebster) unpack the psychology behind spending, why people still buy things they know will improve, and how deflation may actually improve economic behavior—not kill it. Topics: - Why people still spend in a deflationary system - Deflation, savings, and reduced consumer waste - The iPhone example: buying now vs waiting forever - Bitcoin, long-term value, and spending psychology - Rebalancing America's savings vs consumption habits From the PBJ podcast – recorded at Presidio Bitcoin. 🎧 Full episode: https://www.youtube.com/watch?v=75Q1RRl2GtQ 🐦 Follow us on X: https://x.com/PresidioBitcoin 🌐 Learn more: https://presidiobitcoin.com