Dan on Nostr: My answer in one sentence on how I measure the ultimate success of Bitcoin ? "When ...
My answer in one sentence on how I measure the ultimate success of Bitcoin ?
"When all the societies of the world have had the long term, systemic, profound, benefits of money with zero inflation".
What are the benefits of zero inflation? Too many to list. But some big ones are :
1. Society economically benefits from efficiency, innovation, that was previously masked by inflation.
2. Honesty permeates throughout society.
3. Government control and thievery subsidies
4. People start to think long term
5. Quality and longevity of goods increase
6. Gambling and speculation decrease
7. decrease in world economic immigration
8. Increase in cultural strength
Notice- I don't give a fuck about "price" .
"When all the societies of the world have had the long term, systemic, profound, benefits of money with zero inflation".
What are the benefits of zero inflation? Too many to list. But some big ones are :
1. Society economically benefits from efficiency, innovation, that was previously masked by inflation.
2. Honesty permeates throughout society.
3. Government control and thievery subsidies
4. People start to think long term
5. Quality and longevity of goods increase
6. Gambling and speculation decrease
7. decrease in world economic immigration
8. Increase in cultural strength
Notice- I don't give a fuck about "price" .