Printing more is inflation right? So deflation would be eliminating units in circulation, correct? At what point do we start to take away from the 21 million? We don't. It's not deflationary. Again, technology is and Bitcoin lets us measure that deflation accurately. Bitcoin reflects deflation in nature.
I've read it several times bud ⚡ If you'd like to read Booths book, the audio book is available at my domain. Just dig a little. I have Saifs books too.
This isn't an argument. It's just a factual statement. Perhaps you should read Jeff Booths book. 👌🏻
That Bitcoin isn't deflationary and that a deflationary money would be bad.
Cool! You should also check out primal! You use your same private key and you will be using the same account across both clients. Primal has a built in lightning wallet that's you can use to get a lightning address and set it in your profile. Then people can zap you for content you post.
That doesn't change the fact that there is cap. Just because we haven't reached it yet, does not change the nature of the currency.
Inflation = +1
Deflation = -1
Bitcoin = 0
We aren't destroying units of Bitcoin. The same way we aren't creating units of Bitcoin. The amount is fixed. It's not deflationary. Technology is deflationary. Bitcoin being fixed, helps us measure nature accurately.
And it's supply is... Fixed. It's not and "inflation schedule" it's a distribution schedule.
Yes, this was my vision. API calls should be one of the first things we use permissionless money for. It just makes so much sense to cut out middle men here.
Yes... Because technology make us more productive. We get more bread for less work over time. The value of Bitcoin goes up forever because technology is deflationary, not because there are less units of Bitcoin.
Not sure all caps is your thing my dude. nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx could you fix this mans word salad
I already edited it. I wish more clients supported it.
Bitcoin is not deflationary. Deflationary money WOULD be bad. Then people would be less productive. Technology is deflationary. A FIXED money just lets us accurately measure that deflationary effect. Bitcoin is neither inflationary nor deflationary. It's fixed. I only chime in because I think it's actually an important distinction.
#BITCOIN IS NOT DEFLATIONARY. #BITCOIN IS FIXED. IT IS TECHNOLOGY THAT IS NATURALLY DEFINITELY. A FIXED MONEY JUST LETS US ACTUALLY MEASURE THE DEFLATIONARY EFFECT OF TECHNOLOGY.
Also, AI speeds up my learning by 10x. It's way way better than Googling a question about a language. Google results is like finding a needle in a hay stack. I ask chat and it gives me the answer and I can ask it for more context and explanation. It's not always right, so further learning is always required and you have to double check it sometimes. But none the less, it's a phenomenal resource.
Just all over the place. I learn a lot when I actually practice and try to actually write stuff in it. I usually do this when I'm bored at fiat mines. But when I'm at home taking care of the kids or in the car I'm just listening and watching any YouTube videos I can to learn concepts.
Everyone has a unique public key. It starts with npub and is on your profile page. They can find you by that.
I'm really enjoying learning GO. #dev
