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Lol no, it's the same way any up-and-comer has volatile value initially because there's uncertainty as to the outcome.
Great Depression "deflationary spiral" was a direct consequence of the Fed's inflationary policies during the 1920s. These are all just discredited mainstream econ talking points. And get out of here with this "crypto bro" BS, god forbid anyone have an original thought that differs from your thinking.