Why Nostr? What is Njump?
2024-07-07 02:05:24

Weisheiten on Nostr: 'The fact that new coins are produced means the money supply increases by a planned ...

'The fact that new coins are produced means the money supply increases by a planned amount, but this does not necessarily result in inflation. If the supply of money increases at the same rate that the number of people using it increases, prices remain stable. If it does not increase as fast as demand, there will be deflation and early holders of money will see its value increase. Coins have to get initially distributed somehow, and a constant rate seems like the best formula.'

Satoshi Nakamoto


#wisdom #philosophy #psychology #spirituality #poetry
Author Public Key
npub12h5xc0usentknjnldce6a80tq0m475u6ucgwhlk2zsfqax3x94fsmx0rvt