Replying to Avatar MoneRogue

Imagine thinking that an unstable currency controlled by a central bank whose inflation is constantly changing due to public policy is the same as a decentralized currency's inflation which has an indefinite cap keeping inflation close to 0%.

Digital fiat =! Digital cash
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exist270 7mo ago

Po-tay-to, po-tah-to, hoe. 💁‍♂️

Math still says that the #Monero / #XMR bros lose to the #Bitcoin / #BTC bros. 🤙

nostr:nevent1qvzqqqqqqypzqm9m2h6qn4vvamyerm43kj4qw7f3ulg834jfmfnxz2zznwm8k6gvqqstvkxk5et5gsqwa99j6r828ezy76zxvtuukxnsjnmq029nykjmygc8553m0

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Hanshan 7mo ago

except theres no "math" that says that.

Gold has been a stable money for 4000 years

with annual supply inflation that is 3-4x Moneros.

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exist270 7mo ago

There's a word to describe people that think a >0% inflation rate is better than 0% inflation rate. 💁‍♂️

Retarded. 🤙

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Hanshan 7mo ago

literally ONLY very online BTC maxis think a purely deflationary economy will be Only positive.

you just drank the cool aid and are otherwise economically illiterate.

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MoneRogue 7mo ago

Exactly, since deflation can cause less spending, recession, and de-incentivizing miners.

BTC bros have never heard of the Goldilocks principle.

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Hanshan 7mo ago

precisely

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MoneRogue 7mo ago

There is no currency that does not experience inflation. Even gold and silver have went through inflation.

To act like Bitcoin has a 0% inflation rate and always will is overly optimistic and financially illiterate in nature.

https://fee.org/articles/why-bitcoin-is-technically-an-inflationary-currency-even-though-its-purchasing-power-is-increasing/

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goatmeal 7mo ago

the only reason why gold failed as money is too many people relied on custodians. there wasn't anything wrong with its emission curve

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MoneRogue 7mo ago

"Too many people relied on custodians." Isn't that the very problem that Lightning and Ecash are suffering from too?