Replying to Avatar Vires

Sure, but I'd imagine circulating sats in hot wallets is a tiny percentage of overall supply. This trend is exactly what you want to see, per Gresham’s Law
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zlogic 3mo ago

Sure, but couldn't it also indicate that coins are being lost and not used?

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Vires 3mo ago

The more valuable one – ‘good money’ – will be hoarded and will disappear from circulation, while the less valuable one – ‘bad money’ – will be passed on (used for transactions).

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A.A.Ron 3mo ago

Yes, just like silver quarters.

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zlogic 3mo ago

I understand Gresham's Law but there are multiple theories to describe the data. I was just wondering if you could debunk my counter-theory.