They think people won't purchase the things they need to live a good life under a deflationary money.
#Bitcoin
They think people won't purchase the things they need to live a good life under a deflationary money.
#Bitcoin
If only you could get them to spend 62 minutes with #[2].
https://podcasts.apple.com/us/podcast/bitcoin-audible/id1359544516?i=1000527200983
Quality of products will also increase, things will be build to last for a long time again.
My mom still has an old hand blender from my grandma, still working today. Today there is no financial incentive to build long lasting products.
The problem is that their entire mental model depends on people spending more than they need to because they are trying to hide from inflation.
You can’t fund parasites on deflationary money, that is what they really object to.