Replying to Avatar Hanshan

under a Bitcoin standard and because of the hard cap you need to convince investors you can beat the rate of deflation.

of course investment will still happen.

but I think maxis VASTLY underestimate the dampening effect it will have on the economy.

why should anyone speculate with their capital when it appreciates in value risk-free?
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Psilocyberbull 5mo ago

Im so glad that bitcoin exists so that masturbatory pseudo-intellectual bullshit like this can eventually be put to the test

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Hanshan 5mo ago

this is standard economics among Austrians.

if you think its wrong, surely you have an argument to convince us.