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Instead of shouting "propaganda" and "fake assumptions" maybe address a single point in the link?

Thats nice but block rewards get lower over time and run out. Look at current fees. It's unsustainable unless price goes up forever and/or fees continue to rise. Speaking of assumptions, those are big ones to make.

ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 5mo ago

your assumptions are based on bitcoin price not rising to keep pace

it has succeeded in doing that for 15 years because it was well designed.

arguments against the mechanism by which it achieves that are based on keynesian economic models which have been used by central bankers to promote the idea of a constantly inflating monetary system

bitcoin's ongoing operation disprove this idiotic thesis, and trying to use this to fud bitcoin as a fanatic for privacy coin simply fall flat. carry on with your fantasy as much as you like it's not going to change the empirical facts that bitcoin WAS designed well and no shitcoin has been able to get a word in edgewise since then.

it's a waste of time, but it's your time that is being lost. life is not eternal. principles are.

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Discussion

Saberhagen The Nameless 5mo ago

You're the one assuming price will rise forever. That's a big assumption.

Past performance is no guarantee of future performance.

All you have are claims and speculation. Didn't even try making an argument.

Didn't mention privacy coins once, but glad they're on your mind.

goatmeal 5mo ago

start poking holes in the security model or the emission schedule and they immediately start screeching "keynesian!!!"

this is the 247th time I've seen a bitcoin maxi claim immunity from criticism or having to make an actual argument by calling the other person a keynesian

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ede3d957... 5mo ago

What happens in a post USD world when everything is measured in BTC? Against what is BTC supposed to rise? Against itself? This only works because most BTC (fiat NGU maxis) operate on a mental fiat standard.

It's when wrong design decisions will become obvious to more and more people.

BitcoinIsFuture 5mo ago

We will have The Bitcoin Standard. Everything measured against Bitcoin.

Similar to the gold standard but better in every way. Current Keynesian models failed. Inflation is theft. Debt is slavery.

Saberhagen The Nameless 5mo ago

The gold standard had inflation and still does. It's also private and fungible.

It failed as the economy became more globalized because of the cost and burden of settlement. Vast majority moved to IOUs and custodians. Now everyones transactions are ruggable, censorable, and surveilled.

Story reminds me of the current trajectory of this other coin

BitcoinIsFuture 5mo ago

That is why I said The Bitcoin Standard will be better in every way.

Saberhagen The Nameless 5mo ago

"It failed as the economy became more globalized because of the cost and burden of settlement. Vast majority moved to IOUs and custodians. Now everyones transactions are ruggable, censorable, and surveilled."

ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 5mo ago

the whole point is that in a post USD, bitcoin world, the prices will actually be stable for decades, just like silver and gold were quite stable against everything priced in the coins.

if energy becomes more abundant, it will become cheaper.

not really controversial to talk about supply and demand being the primary basis of prices.