Replying to Avatar vinney...axkl

But that (fixed interest rate loans) is all I've been talking about.

Yet you and nostr:npub1m4ny6hjqzepn4rxknuq94c2gpqzr29ufkkw7ttcxyak7v43n6vvsajc2jl have been shifting the goalposts and straw manning like crazy to make me out to be a fiat lunatic.

If you agree there is nothing wrong with freely-agreed upon fixed rate loans, then we agree and we can finally shut up. The issue started when nostr:npub1m4ny6hjqzepn4rxknuq94c2gpqzr29ufkkw7ttcxyak7v43n6vvsajc2jl seemed to allude that "any interest rate == usury"

I did not say that. I wrote an entire wiki article describing what usury is and said that I am generally against charging interest. That is because fixing the interest and then fiddling with the monetary supply, so that inflation/deflation effects the returns, is how they get out of the clause through a back door.

They can't do that as easily with Bitcoin. So, tell me how that makes sense in a rapidly deflating currency on a mid-term or long-term contract?

Obviously, it is possible for a week. Maybe a month, for a small loan.

But... 1 year? 5 years? 10 years?

No. It is economic nonsense.

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