TCB Short - Won't Bitcoin Fall into a Deflationary Spiral?

TCB Short - Won't Bitcoin Fall into a Deflationary Spiral?

June 23, 2026 · 16 min · Episode 112

About this episode

The episode discusses whether Bitcoin could lead to a deflationary spiral and distinguishes between good and bad deflation.

Today we answer the question: Won't Bitcoin Fall into a Deflationary Spiral? Will Bitcoin Trigger a Deflationary Spiral? Productivity, Inflation, and AI Abundance TCB addresses the objection that Bitcoin would cause a deflationary spiral by encouraging hoarding, arguing instead that deflation is often the natural result of free-market productivity gains. It distinguishes “bad deflation” from collapsing credit (e.g., debt crises) versus “good deflation” from innovation and efficiency, n...

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Host: TCB

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Organizations: TCB, AI

Products: Bitcoin

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