1/ "The currency’s “money supply” will eventually be capped at 21m units. To Bitcoin’s libertarian disciples, that is a neat way to preclude the inflationary central-bank meddling to which most currencies are prone."
this is laughable stuff. if people demand BTC for their goods and services, you will spend it whether you like it or not. the idea that deflation is disastrous is government propaganda to convince you that money needs to be under their centralized monopoly control
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gold was consistently slowly rising in value and yet people spent it anyways
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Can you explain how gold, despite being mildly deflationary, functioned as a SoV, MoE, UoA and was stable? :)
End of conversation
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