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Replying to Avatar S!ayer

Sorry for making you waste your time explaining this.

I think you need to really sit and extrapolate this thesis because you're 50/50 on a lot of things.

The main reason why we moved off gold was the restriction of closed, or fixed, currency. This stagnates economic development and if the pot cannot grow, then neither does the empire and it collapses.

And there's nothing special about Bitcoin, given you can fork it in any type of variant. As we say with knots and core, it's not perfect.

7tps, a 1mb data cap, having to restructure and remove parts of the protocol just to get more space per block is the same thing the Romans or Europeans did when they were at the end of their economic empires

There is only one real cryptocurrency.

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Zsubmariner 2w ago

Actually that's just a rationalization that economics text books teach us and it's nonsense fiat word magic. There is no magic "pot growing". Money is just and information system to coordinate work and resources.

You are confusing fiat fictions of a money as some kind of substance with money as a function. It's just information. It always has been.

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