Replying to Avatar Wicked

People will always hustle to earn bitcoin because it will always get more valuable as our productivity and propensity to save it increases. This will launch human civilization into a renaissance of economic prosperity and financial resilience.
Avatar
Lysander Spooner 2y ago 💬 1

Imagine thinking economic prosperity comes from hoarding, not exchanging.

Reply to this note

Please Login to reply.

Discussion

Avatar
Lysander Spooner 2y ago

You and I on an island. How would Bitcoin make both of us better off simultaneously? It can't. Adding a fixed-pie betting pool redistributes, it cannot generate, wealth.