That's fair, in general though the effects of deflation are fairly well understood and they absolutely kill economies, since people are incentivized to hold on to their bucks instead of spending them.
My argument is not that Bitcoin is useless, but rather that it's a speculative asset which makes it unfeasible as a currency.
splinter
npub17e6…epc7
2024-06-02 16:34:20
in reply to nevent1q…fzzs
Author Public Key
npub17e6l6tp789hwwnugm3l6zmgfffh369lv08yfuwj452hflhc530xq36epc7Published at
2024-06-02 16:34:20Event JSON
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