Replying to https://twitter.com/btcPashka/status/1525546331342786561:
@btcPashka Wow… No, there won’t be BTC charts, but we will still trade it. God willing, it won’t be for shitcoins anymore, but for commodities, equities, stocks, and the like. The point of BTC is that its supply is not elastic, though its value is.
@btcPashka We use measuring rods with “elastic value” all the time in society. There’s no way around it, because all value is subjective. The only way to have fixed value is through price controls, and those are always a terrible idea.
@btcPashka And you’re right. Lending will be very different using a currency with a fixed supply. It will naturally be reigned in, because you will have to loan the actual money, instead of a promise of it, resulting in real interest rates and people only taking loans they actually need.
