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If you negotiate salary, it is not prt of that amount, is all I meant. Of course the worker’s productivity needs to be bigger than salary plus hidden parts, is I guess what you are saying. That is all beside the point though, which is, that inflation might benefit net productivity, since workers have to work more. So it is not all bad, just bad for the worker, at minimum in short term.

Jasper 2y ago

I see Bitcoin as the attempt to break the game theory that forces countries to inflate money supply.

If there are more and more Bitcoiners equally distributed among all countries, it might lessen the pressure that inflation causes. It can/will only work if all work less, equally.

(If e.g. only one country were to do it, it would suffer due to relative productivity loss.)

Really a kinda socialist, growth slowing idea beneath it all.

On the other hand Bitcoin is increasing growth due to need of energy, but then again it might energy more expensive for other purposes. Very interesting tension.

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Jasper 2y ago

*might make energy more expensive