Replying to Avatar Satosha

I have never lived in a place where gov is hostile - so never had to put it up my ass :-) - did you ?

as for deflation - #gold reached 190 million kilos in ten thosand years - #bitcoin recahed 19 million in less fifteen .. so will see what happens when miners stop mining for rewards get unsustainable .. and layers of bitcoin reduce transcations on base layer to bare minimum ..

In an impossibly rarr future - if the math and code holds up - it shall be ~21 million ... and #gold will be 210 million kilos cuz finding new gold is way more energy intensive .. the fact that AI and bitcoin offer far greater returns on per unit energy basis , will make is exponentially harder to mine gold .. and infact anything else ..
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Satosha 1y ago

It is kinda self sustaining equilibrium - if #btc has more value - people will press for more #bitcoin .. there will be riots on the streets ..

if gold is more value , then they will mine the heck out of it ..

So 2% debasement is a naive argument ..

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BitcoinStu 1y ago

The idea that bitcoin's value going up will cause riots is absurd. You are suggesting that because your rocks are debaseable they are better, and that somehow a harder form of money will cause riots? Riots are cause by debasement of the currency. Something gold, but not bitcoin, suffers from.

Bitcoin is stored in your brain. Gold is kept in your butt. Enjoy your shiny yellow rock. Good luck.