Bitcoin Q&A: The Switzerland of Currencies

Can cryptocurrencies have an inflationary monetary policy? How do cryptocurrencies like Bitcoin fit into the global currency wars? Initially there wasn't enough demand in the economy, but as the reward diminishes over time, bitcoin will have a deflationary monetary policy and simulate a scarce resource like gold. But you can simulate whatever monetary policy you want.
Digital currencies are now part of the currency wars, because they are giving people all over the world a choice to exit the currency wars, one of the most powerful choices you can make. Within the currency, Bitcoin will act as the Switzerland of currencies. Even if governments start making them illegal to use, this does not destroy demand. In practice, cryptocurrency use has gone up after a country has banned it. Governments are failing in their role of delivering the fundamental functions of currency. When there is a dramatic spiral in an economy, the state takes the entire country hostage. People often haven't thought about money as a language or a technology, constructs that can be created and improved by anyone. So what if you can exit? It changes everything.