Post by Satosha
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Satosha
But why ? If it is going to increase in value WHY WOULD I SPEND IT ??? do you really think I am that dumb even though I am a normie :-) ???? I would spend the thing that is going to lose value .. #dollar bills ..
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Eric FJ
Quite rational
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Satosha
That is exactly why , currency always supposed to lose value .. The downside is if you print like China does ( three times M2 compared to US ) , then you are forced to enact social systems to support the poor who never transfer fiat into assets .. cuz they are priced out .. or KYCed out .. ... show more#bitcoin
Eric FJ 🪬⚡️
If it doesn’t also get used as a medium of exchange there’s gonna continue to be a massive wealth gap, probably even worse than before.