BitcoinMüntzer on Nostr: Setting both at same rate would mean bitcoin had no advantage compared to FIAT b/c ...
Setting both at same rate would mean bitcoin had no advantage compared to FIAT b/c both behave similar.
We know that isn't the case.
The difference of both is what actually matters.
I estimate the difference to be higher than productivity growth as long as adoption (hyperbitcoinization) is completed.
After that the difference would be at the overal productivity growth / rate of technological deflation.
Don't know if FIAT still existed then or would be fixed to BTC... But doesn't matter here.
Seems quite clear to me.
We know that isn't the case.
The difference of both is what actually matters.
I estimate the difference to be higher than productivity growth as long as adoption (hyperbitcoinization) is completed.
After that the difference would be at the overal productivity growth / rate of technological deflation.
Don't know if FIAT still existed then or would be fixed to BTC... But doesn't matter here.
Seems quite clear to me.