squirrelmaster on Nostr: My second point is in fact very sensical. Many Bitcoiners claim that with a Bitcoin ...
My second point is in fact very sensical. Many Bitcoiners claim that with a Bitcoin standard there won’t be inflation. That is the non-sensical claim. Prices can still go up on a Bitcoin standard because of supply-demand imbalances. Look at what the avian flu outbreak is doing to the price of eggs now. That’s not a result of one egg producer being greedy. It’s the result of not enough eggs for all the people who want eggs at any given moment.
Published at
2023-02-22 13:30:33Event JSON
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