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NickSzabo4's profile
Nick Szabo 🔑
Nick Szabo 🔑
Nick Szabo  🔑
@NickSzabo4

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Nick Szabo  🔑

@NickSzabo4

Blockchain, cryptocurrency, and smart contracts pioneer. (RT/Fav/Follow does not imply endorsement). Blog: http://unenumerated.blogspot.com 

Joined June 2014

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    1. Štěpán Fau‏ @steve_fau Aug 24
      • Report Tweet

      Štěpán Fau Retweeted Nick Szabo  🔑

      On the other hand a person following the true idea of capitalism and reinvesting everything back into the production cycle doesn't need to care about inflation.https://twitter.com/NickSzabo4/status/1165276444630507520 …

      Štěpán Fau added,

      Nick Szabo  🔑 @NickSzabo4
      Replying to @CJ_Johnson17th @jkaartinen
      Credit and inflating fiat money. Every dollar you keep in the bank erodes more in value the longer you keep it there. Fiat degrades savings. Bitcoin fixes this.
      2 replies 0 retweets 1 like
      Show this thread
      Nick Szabo  🔑‏ @NickSzabo4 Aug 24
      • Report Tweet
      Replying to @steve_fau

      Alas, still have to worry that asset inflation has overpriced the investment.

      9:07 AM - 24 Aug 2019
      • 2 Likes
      • Riding Unicorns to the Moon Patrick [🎃Freedom Is Scary👻]
      1 reply 0 retweets 2 likes
        1. Štěpán Fau‏ @steve_fau Aug 24
          • Report Tweet
          Replying to @NickSzabo4

          Which could theoretically happen to $BTC too, couldn't it? E.g. during an investment craze.

          0 replies 0 retweets 0 likes
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