Tech is a weird industry where people think that never hiring entry level people is viable in the long term. No "0yrs experience" jobs.
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well, it's a solution to a problem most people don't care about: secure, permissionless, trustless (but slow) transfer of value.
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whether they should care...not sure. That said, I think the problem is big enough that the innovation is here to stay. salt is good
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I want someone who believes in the risks of deflation to explain Bitcoin to me.

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I'm not an economist, so I'm not your guy. But deflation is risky. Wages are sticky, you don't tend to get paid less as $ increases
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right. Sticky wages + hoarding are both risks. BTC is deflationary on purpose. Seems problematic.

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right, so more like gold (store of val) vs cash (highly liquid IOUs). It's a weird vehicle - trans vol is at an all time high atm
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hoarders want gold but need it to carry cashlike utility (so there are reasons to spend it) so demand increases, so price val inc.
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but only because there is other inflating currency, right?
End of conversation
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well, it's a solution to a problem most people don't care about: secure, permissionless (but slow) transfer of value.
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"slow" seems like the key problem (at least to me)
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yeah agreed but alternatives to PoW are unconvincing IMO. And PoW's price of payment is energy and time
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but it's not nec a problem if we treat btc as a settlement layer or gold. Not convinced that was the original intention though
End of conversation
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