kevinashworth on Nostr: I'm into Bitcoin because I hope we can get to a place without permanent inflation. ...
I'm into Bitcoin because I hope we can get to a place without permanent inflation. Inflation has averaged ~ 3% throughout my lifetime. It ends up funneling wealth from wage earners to those with hard assets. There are some other public policies that contribute to income equality, but this is one of the big ones, even though it's but a steady trickle. Pretty sure it's the only trickle that actually moves money and the direction is up, not down.
Anyway, I assume people reading like will mostly agree. Feel free to zap me if you do agree ... or if you miss the zapathons.
Published at
2024-12-13 21:50:19Event JSON
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"content": "I'm into Bitcoin because I hope we can get to a place without permanent inflation. Inflation has averaged ~ 3% throughout my lifetime. It ends up funneling wealth from wage earners to those with hard assets. There are some other public policies that contribute to income equality, but this is one of the big ones, even though it's but a steady trickle. Pretty sure it's the only trickle that actually moves money and the direction is up, not down.\n\nAnyway, I assume people reading like will mostly agree. Feel free to zap me if you do agree ... or if you miss the zapathons.",
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