hi on Nostr: bitcoin value proposition sucks. why? money doesnt require absolute inflation ...
bitcoin value proposition sucks. why?
money doesnt require absolute inflation resistance. money requires fast, reliable transactions.
why money doesnt require inflation resistance is simple. there is no need to hold value in money. purpose of money is for transacting. bitcoin is not money. its digital gold, and it serves no purpose as money because it scales only to 800 transactions per minute.
every hallusinations zappers may have about bitcoin, lightning is not bitcoin, and its not decentralized. it can be mathematically proven to be centralized and it cannot scale in any other way.
even though #kaspa has more deflationary monetary policy than #bitcoin, it solves the transactions part so well i dont have any complaints about that.
money doesnt require absolute inflation resistance. money requires fast, reliable transactions.
why money doesnt require inflation resistance is simple. there is no need to hold value in money. purpose of money is for transacting. bitcoin is not money. its digital gold, and it serves no purpose as money because it scales only to 800 transactions per minute.
every hallusinations zappers may have about bitcoin, lightning is not bitcoin, and its not decentralized. it can be mathematically proven to be centralized and it cannot scale in any other way.
even though #kaspa has more deflationary monetary policy than #bitcoin, it solves the transactions part so well i dont have any complaints about that.