armstrys on Nostr: Bitcoiners: I like to ask hard questions. Generally, I see the tendency to complain ...
Bitcoiners: I like to ask hard questions.
Generally, I see the tendency to complain about how the previous generation used the financial system to create debt and bring forward a wealth of assets at our expense today.
What keeps future generations from looking at the “HODLer” generation the same way? In 50 years when the mining fees have dropped significantly, the majority of redistribution would in theory would have to come from our generation and their heirs spending their wealth. Is this better for anyone but you and yours? What’s your best argument for a bitcoin with a hard cap over bitcoin with a fixed inflation rate - say at the current ~1.8% inflation paid to miners today?
Generally, I see the tendency to complain about how the previous generation used the financial system to create debt and bring forward a wealth of assets at our expense today.
What keeps future generations from looking at the “HODLer” generation the same way? In 50 years when the mining fees have dropped significantly, the majority of redistribution would in theory would have to come from our generation and their heirs spending their wealth. Is this better for anyone but you and yours? What’s your best argument for a bitcoin with a hard cap over bitcoin with a fixed inflation rate - say at the current ~1.8% inflation paid to miners today?