Deflation would actually make capitalism somewhat ok. It would stop people from buying useless shit and automatically reward the poor who can save a little but don’t know how to invest. That’s why I Bitcoin
Bitcoin doesn’t make it OK to get paid just for owning something, it’s just less capitalist than dollars. Miner profits tend towards zero with difficulty adjustment, and Bitcoin doesn’t pay to stake holders at all.
Deflation would actually make capitalism somewhat ok. It would stop people from buying useless shit and automatically reward the poor who can save a little but don’t know how to invest. That’s why I Bitcoin
Bitcoin doesn’t make it OK to get paid just for owning something, it’s just less capitalist than dollars. Miner profits tend towards zero with difficulty adjustment, and Bitcoin doesn’t pay to stake holders at all.
How is this not ok to reward those who don’t spend? If we are going to stop climate change we need to stop consuming shit as much as possible
You want to stop climate change but promote bitcoin?
I have seen how much Bitcoin spares the environment. I would easily emit 5 times more CO2 if I didn’t put all my money into it
Oh wow, what a great argument
You would have called me arrogant if I served you the logical demonstration. You wouldn’t get it
I wouldnt get it because it’s ridiculous and illogical
That’s the same logic as saying that In going to kill 5 people and it’s fine because i’m not killing 20