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1) Prices in a free market fall to their marginal cost of production.

2) The marginal cost of production keeps falling towards zero due to technological advancements

Which means that if “your” prices are going up over time….1) it is not a free market and 2) you’re measuring from an inferior currency to Bitcoin.

Fuchs 2y ago

This is why a deflationary monetary system is benefiting.

Huge increase of quality of life 🍀

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Discussion

Jeff Booth 2y ago

Yup!

Lysander Spooner 2y ago

Excuse me? If Nayib Bukele bought his first BTC today he could buy almost 2x more, he's down 43%. Saylor is down $1BN. What deflation, where? Who has seen a net increase vs. the USD? Nobody I know of. Careful shilling your "deflationary" claim to your friends and family. Think they're going to outperform Saylor and Bukele?