bharat (npub1awc…fdee)
Bitcoin Apostle (npub1cl4…gu8k)
I do like his books. I recommend "Bitcoin Standard" to my friends as a necessary part of orange pilling. Great for beginners. But I don't think that scarcity itself drives the price up. Ethereum goes up, so is it scarce now?
I admit that scarcity is a crucial attribute of money. But it's not enough. Money is saving in the first place. And saving is a risk management. I like Bitcoin because it has fewer risks in comparison to other assets available to me.
Ask yourself. If somehow we have a guarantee that there will be always another block, is it important if we have 2% inflation forever?
The dollar is bad not because of inflation, but because it will collapse anytime soon. What we are doing is trading short lesser time risks for a long time major risks. That's why we are winning in the long run.
---
Not to mention carnivore diet and monarchy ideas.
nobody /
npub1p0…98hdk
2023-03-03 13:59:04
in reply to nevent1q…5dyh
Author Public Key
npub1p0qa22crgmmdcr088swscqje4kn6a6a873f2k5ku555cgkvzr65sz98hdkPublished at
2023-03-03 13:59:04Event JSON
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"content": "#[3]\n\n#[4]\n\nI do like his books. I recommend \"Bitcoin Standard\" to my friends as a necessary part of orange pilling. Great for beginners. But I don't think that scarcity itself drives the price up. Ethereum goes up, so is it scarce now?\n\nI admit that scarcity is a crucial attribute of money. But it's not enough. Money is saving in the first place. And saving is a risk management. I like Bitcoin because it has fewer risks in comparison to other assets available to me.\n\nAsk yourself. If somehow we have a guarantee that there will be always another block, is it important if we have 2% inflation forever?\n\nThe dollar is bad not because of inflation, but because it will collapse anytime soon. What we are doing is trading short lesser time risks for a long time major risks. That's why we are winning in the long run.\n\n---\n\nNot to mention carnivore diet and monarchy ideas. ",
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