title_body: Will ADA always be deflationary? Considering ADA has a max circulating supply, and productivity of goods and services always tends to grow, does that mean ADA will always be deflationary in the long run? Couldn't that lead to recurring recession environments which discourage people to spend/borrow?
upvoted_answer: Yes Sir. ADA has a fixed supply and just like Bitcoin it is always going to be deflationary. It's the mindset. What is &quot;deflationary&quot;? That's only when you convert it to FIAT correct? The whole purpose of Crypto is not ultimately converting it into FIAT. If you remove FIAT from the picture, people will use it as SOV and also for transactions as value exchange. Then the whole concept of &quot;deflationary&quot; will slowly die and we will only be talking about &quot;finite supply&quot;.