RT by @saifedean: In fact the two go hand in hand, as the normalization of #inflation discourages savings in favor of increased consumption and greater reliance on speculation. Even if individuals aren't conscious of the tradeoffs, the culture is shaped by the reality of economic incentives.
Nitter
Tho Bishop (@ThoBishop)
In fact the two go hand in hand, as the normalization of inflation discourages savings in favor of increased consumption and greater reliance on speculation.
Even if individuals aren't conscious of the tradeoffs, the culture is shaped by the reality of economic…
Even if individuals aren't conscious of the tradeoffs, the culture is shaped by the reality of economic…
Love this take! Spam is #Bastiat's broken window! This is why "use-cases" do not add value to Bitcoin, but rather leak value. Bitcoin is, and should forever be money! Nothing else!
Nitter
Knut Svanholm ∞/BIP-110 (@knutsvanholm)
Love this take!
Spam is Bastiat's broken window!
This is why "use-cases" do not add value to Bitcoin, but rather leak value.
Bitcoin is, and should forever be money! Nothing else!
Spam is Bastiat's broken window!
This is why "use-cases" do not add value to Bitcoin, but rather leak value.
Bitcoin is, and should forever be money! Nothing else!