frphank on Nostr: > As far as I can tell, as long as the price keeps moving up more than the rate of ...
> As far as I can tell, as long as the price keeps moving up more than the rate of fiat inflation
There is no reason to believe it would, however if it did your Bitcoin salary would probably go down, and go down in unpredictable ways. How would you be able to plan financially with that?
With the size of a purported Bitcoin economy fluctuating against a largely fixed monetary supply, the Bitcoin price of goods and services would fluctuate wildly, and not in lockstep.
Businesses that require more upfront investment are exposed more to fluctuations and will fail sooner.
There is no reason to believe it would, however if it did your Bitcoin salary would probably go down, and go down in unpredictable ways. How would you be able to plan financially with that?
With the size of a purported Bitcoin economy fluctuating against a largely fixed monetary supply, the Bitcoin price of goods and services would fluctuate wildly, and not in lockstep.
Businesses that require more upfront investment are exposed more to fluctuations and will fail sooner.