This literally makes no sense from an “economics” perspective.

Economics is the allocation of scarce resources.

We should not spend bitcoin until the things we’re spending bitcoin on are worth the opportunity cost of bitcoin.

The higher the conversion rate of bitcoin into fiat, the more willing people will be to convert their bitcoin into goods/services. But as long as bitcoin has 100%+ CAGRs ahead of us, why the heck would you part with any meaningful amount of btc?

Serious question. The developers on NOSTR need a little bit of understanding as to how finance works…