Ryan on Nostr: Inflation is basically banks stealing everyone’s money, and we’ve never known a ...
Inflation is basically banks stealing everyone’s money, and we’ve never known a world that didn’t have that theft. So basically, in a world this abundant, most of our poverty is because of inflation constantly siphoning the wealth back to the banks.
But Bitcoin has a fixed supply, meaning even if the price goes up, they can’t make more of it. Fixed supply means infinite growth.
In a world where “infinite growth” is necessary for our economies to function, the truth is the infinitely expanding money supply is the problem. Fix the money supply, fix the problem.
That’s what Bitcoin does, and it’s value is gonna go up forever, like an honest, counterfeiting-free money should.
Yes it’s volatile, for now, but it’ll always average up. Whereas the dollar will always go down.
But Bitcoin has a fixed supply, meaning even if the price goes up, they can’t make more of it. Fixed supply means infinite growth.
In a world where “infinite growth” is necessary for our economies to function, the truth is the infinitely expanding money supply is the problem. Fix the money supply, fix the problem.
That’s what Bitcoin does, and it’s value is gonna go up forever, like an honest, counterfeiting-free money should.
Yes it’s volatile, for now, but it’ll always average up. Whereas the dollar will always go down.