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with a deflationary currency

the only time people are comfortable using it (ie selling) is at ATH

its the game theory 🤷

Well, technically, Bitcoin is still inflationary.

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technically

Technically, it's still between your -1/+1 range 😉

technically lol

but the fiat valuation distorts market perception

Bro XMR is looking very deflationary right now, looks like it will disincentivize spending and investment 😉 doomed

1 XMR = 1 XMR

few.

I thought we were talking deflation not fungibility…

I think when maxis say it in this context it refers to BTC as the underlying UoA