This sounds more like a belief or a well crafted narrative than backed up by hard data.
At least I would expect some stats or data points to strengthen your argument instead of an AI generated image that only makes me doubt your claims.
This sounds more like a belief or a well crafted narrative than backed up by hard data.
At least I would expect some stats or data points to strengthen your argument instead of an AI generated image that only makes me doubt your claims.
Logics, really.
A monetary system is a network.
The value of money with absolute scarcity will first of all depend on the network effects.
Furthermore, the more units of money you control, the less value each unit has for you, so you become more willing to let some units go as the value increases.
The combination of
- money first of all having value due to network effects
- absolute scarcity
- the law of diminishing marginal utility
indicates strongly that the iron law is correct