Indeed, inflation risk, even when attempts are made to hedge it with e.g. an index, comes with the risk that inflation will be measured inaccurately. Such measurement faces fundamental problems such as the subjectivity of preferences.
-
I feel like I should link the original slide deck into this exchange, so that readers can judge for themselves whether inflation/valuation risk was unfairly omitted or USD was used unfairly to stand-in for all fiat currencies. http://www.interfluidity.com/uploads/2017/10/Fiat-Is-Effective-Minitalk-light-edit-to-share.pdf …
I wasn't describing your presentation, I was describing use of the slide by another person in the above context.
-
-
speaking personally, i like you, i hope the feeling is mutual, so i am pleased (if) you don’t think of me as a crass propagandist. this talk was intended to be provocative to what i thought would be a bitcoin-sympathetic audience, sure. but it was intended to present a fair case.
-
This Tweet is unavailable
-
i’m also presently devoting much of my professional life to crypto (building on it, not criticizing it). i don’t think there are any knee-jerk haters here.
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.