niltempus on Nostr: After the last #Satoshi is mined, what are the macroeconomic impacts of a slowly ...
After the last #Satoshi is mined, what are the macroeconomic impacts of a slowly declining #BTC supply? The purchasing power is entirely dependent upon demand. How does the system respond to system shocks/crisis? On a purely #gold standard the supply and demand are relatively stable over time because of mining feedback, e.g. the period from 1789 to 1913 when #inflation was near zero. How do we achieve price stability in a #hyperbitcoin world?
Published at
2024-07-12 11:09:36Event JSON
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