Okay, let me start.
Saifedean Ammous is dumb.
Discussion
Wow. That is one hell of a start to get us going!
Not sure if you are pulling my leg or actually mean that. 😃
oh just um add the mostr relay wss://relay.mostr.pub
Please share why you think so.
Why do you think that? His book is widely regarded and seems like a pretty smart guy. What gives?
Must admit I don’t agree with his views on food and other matters.
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I do like his books. I recommend "Bitcoin Standard" to my friends as a necessary part of orange pilling. Great for beginners. But I don't think that scarcity itself drives the price up. Ethereum goes up, so is it scarce now?
I admit that scarcity is a crucial attribute of money. But it's not enough. Money is saving in the first place. And saving is a risk management. I like Bitcoin because it has fewer risks in comparison to other assets available to me.
Ask yourself. If somehow we have a guarantee that there will be always another block, is it important if we have 2% inflation forever?
The dollar is bad not because of inflation, but because it will collapse anytime soon. What we are doing is trading short lesser time risks for a long time major risks. That's why we are winning in the long run.
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Not to mention carnivore diet and monarchy ideas.
You wrote so many sentences, but I still did not understand what is the point that you are trying to make. Inflation fundamentally is one of the main reasons why dollar will collapse.
Inflation is nothing but money redistribution. Gold has its inflation. It's okay because source of gold inflation is proof of work. Money doesn't grow on trees. The source of dollar inflation is unaffordable debt caused by central planners. You get all the risk and they get all the profit.
Can't disagree with that. I still don't understand this point in regards your beef with Saifdean.