OZ on Nostr: A normie friend whom I am desperately trying to save from fiat collapse is arguing ...
A normie friend whom I am desperately trying to save from fiat collapse is arguing that total scarcity is bad because he who has the biggest HODL and won’t spend it affect badly on all the rest i.e everyone will be left fighting for the pieces left.
1. True monetary scarcity is something we encounter for the first time in human history so we have no idea where it will bring us
2. The economy keep floating as long as you produce value and are getting paid in such scarce asset, and save it
3. This asset will indefinitely increase in value so the purchasing power of you saving will increase with time
What other arguments can I bring to orange pill the poor bastard? Give me your beat ones
#Bitcoin #asknostr #plebchain #Nostr
1. True monetary scarcity is something we encounter for the first time in human history so we have no idea where it will bring us
2. The economy keep floating as long as you produce value and are getting paid in such scarce asset, and save it
3. This asset will indefinitely increase in value so the purchasing power of you saving will increase with time
What other arguments can I bring to orange pill the poor bastard? Give me your beat ones
#Bitcoin #asknostr #plebchain #Nostr