If you are saving for retirement or for your children's education and trust cash or gold or Bitcoin more than junk bonds or negative-real-interest sovereign bonds, that is "hoarding" because you are not giving central bankers and their Wall St. and government friends their cut.https://twitter.com/StopAndDecrypt/status/1158798449141112832 …
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If I start paying my employees now at x Bitcoin per hour, in the future when Bitcoin is worth so much more, and the products are worth so much less Bitcoin, do I have to negotiate lower wages? To me, it all seems about sliding the decimal point around, left or right.
You can pay in Bitcoin and use the local currency or USD as the unit of account that defines wages levels in your contracts.
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I agree. Do you thinks it's possible that hard capped supply of BTC also becomes unit of account way off in the future? If so, I'd think there would be pressure to scrutinize and negotiate wages lower periodically. Might not be bad, just a different way of planning/saving.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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