Some people say that a sound money standard will cause the economy to collapse because people won't spend money.

Those people are fucking morons.

Do you buy a phone? If the answer is yes, why? You know that next year's model will be better. So why not wait until next year?

Do you buy food? If not, why? Food will be cheaper next month than it is currently.

Do you go to the emergency room? Why? That emergency room visit would be cheaper next year.

A sound money standard does not prevent people from spending money. It makes people more intentional about what they spend their money on.

#Monero