DanDjarin on Nostr: I’m working on orange pilling my Dad, and he’s in favor of everything about ...
I’m working on orange pilling my Dad, and he’s in favor of everything about #Bitcoin except for the argument that George Gilder lays out in his book Life After Capitalism. Basically, it’s that in order to be an accurate measuring stick the money supply needs to be able to expand with the productive economy, and thus #Bitcoin is fatally flawed to be a speculative asset with its 21M supply cap. He’s by no means a Keynesian, and would support a gold standard. I don’t really have a solid argument in response to this, so I’ll zap 10k sats to whoever sends me either a resource or lays out an argument that is good enough to convince my Dad. #asknostr
Published at
2023-10-12 15:22:57Event JSON
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