Bitcoiners are cheap.

not all of them. But generally, they are stingy.

Why?

Because of the hard cap.

People do not spend when they expect their money to increase in purchasing power.

now imagine trying to get ANYTHING funded on #Bitcoin standard.

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Discussion

Pre adoption and post adoption will be different environments

sure

maybe post adoption is *more constricted

wouldn't there be less deflation and less incentive to hold on to coins?

i mean

who knows?

but its deflationary in proportion to economic growth right?

likely a feedback loop where theres low deflation but because theres nothing to buy, ie no economic growth.

OR

some large players are making growth happen, but plebs avoid spending because the investments of other people make their purchasing power grow.

either way its not good.

well economic growth and contraction only effect prices once were on a bitcoin standard. current bitcoin deflation is being driven by adoption as a saving tool.

its being driven by speculative investment.

those deep pockets want more USD, not Bitcoin.

I think thats the froth on the top of every cycle but there is a growing base of self custody savers in bitcoin. They are just hoping that one day sovereign private layer 2s open up

The same stingy bitcoiners will hold a stack of fiat and pretend that spending bitcoin is any different than fiat.

As if they can’t just spend and replace. Treating it no different from a normal purchase.

financial education is uncommon

Yep while asking for your sats.

That fake news blue-anon Rag doesn’t get Bitcoin funding because it doesn’t deserve it dude.

just like Samourai eh?

Did you ever witness samourai’s public relations strategy? Not that it’s an excuse because a large number of people used their software, but probably a factor.

I was retweeting them....

and it doesn't matter. responding to tyrannical overreach is everybody's responsibility and in everyone's best interest.

Hate to break this to you but not everyone makes it.

Go take your moralizing and collectivism into politics if you care so much. You could write laws that fund “independent” news like The Rag with taxes- since you are so interested in what other people should do with their money 🤣

Lmao

you're in MY replies son

And you're only here because Lola hurt your feels and you take every opportunity you possibly can to be an asshole about it.

I didn't say anything about collectivism, morals or how people *should spend their money.

STFU and go touch grass