ancaprevolt on Nostr: Are you a Keynesian? A deflationary asset encouraging saving rather than unnecessary ...
Are you a Keynesian? A deflationary asset encouraging saving rather than unnecessary spending is a good thing.
When it comes to tx fees, you are missing the important fact that energy cost is constantly reducing.
Being incentivized to save does not make Bitcoin worse as money. Additionally, L2 solutions can circumvent increasing tx fees. The fact that BTC is a superior store of value compared to Monero and that it can be used in exactly the same ways as Monero means that Monero has no place.
There is a reason Monero has not gained widespread adoption. It never will, because it is a shitcoin. Everything Monero can do, Bitcoin can too.
When it comes to tx fees, you are missing the important fact that energy cost is constantly reducing.
Being incentivized to save does not make Bitcoin worse as money. Additionally, L2 solutions can circumvent increasing tx fees. The fact that BTC is a superior store of value compared to Monero and that it can be used in exactly the same ways as Monero means that Monero has no place.
There is a reason Monero has not gained widespread adoption. It never will, because it is a shitcoin. Everything Monero can do, Bitcoin can too.