I don't blame you btw, this is a very common mistake.

But perhaps be a little more humble. The ego thing really doesn't reflect very well on anyone - 10x so if you happen to be wrong on top of it.

https://mises.org/mises-wire/what-inflation-really-means

That is not inflation. Common mistake.

Inflation tends to cause price changes, but not all price changes are a result of inflation.

Inflation would be 10 million more Bitcoin having been created, doubling the supply and therefore reducing the value as expressed in another unit (say, USD) as each individual sat would now be worth less, as there would be about twice as many sats than before.

I echo your sentiment about learning basic economics back to you.

I just knew there would be a couple of ignorant maxis complaining about nym having a token.

The amazing design they've come up with, the stellar dev lineup, the extremely strong privacy and anonymity guarantees, the massive improvement over any currently existing solution.. none of that matters to the maxi - nym has a token, therefore they must all be shitcoiners looking for boundless profit.

Or, you know, it could be because they understand something that you maxis don't..

Same xD

Hmm, no.

It lost purchasing power by that amount (assuming your numbers are correct).

It had minimal, transparent and predictable inflation in the form of block rewards.

Yes, minus the hatred.

Hate is not good for ya.

INDEED.

I like your optimism!

That's just stupid, you deliberately pick one silly example out of all the possibilities, in order to use that as justification that everything else is silly too.

True, I didn't mean to imply all LH ideas are crap and all RH ones (although I would dispute the notion that crony capitalism and the military-industrial complex are not RH ideas in the slightest, even though a certain party that advertises itself as more RH from a certain country we all know tends to be the one pushing such ideas forward.

100% with you on Ron Paul.

Man, I wish some of you guys could see how you sound from the outside. And I've been in Bitcoin longer than probably literally 95% of you.

That's such an unsubstantiated dogmatic position it's not even funny.

Open your mind a little. There are several other interesting projects out there.

None of them is Bitcoin, and none of them is pretending to be. That doesn't mean they have no use and no value, it means they have different goals.

There are no solutions, only tradeoffs.

Hard to leave people around when the whole concept is collectivism to one degree or another.

Not to say the right is all angels, of course. But any kind of left-wing politics is gonna come with coercing a fair share™ of other people's money out of their pockets.

I just don't see how it could ever be compatible with leaving people alone.

Once upon a time your supplier didn't accept Bitcoin either, and be either researched it himself and adopted it, or someone orange-pilled him.

It's understandable you don't have the patience to educate and redpill people on privacy. Although I would say that is unfortunate, because lack of awareness about its importance is exactly why we are where we are today, and it was all so predictable and avoidable.

Also, to you and anyone else who happens to read, get into your head that most Monero users are not maxis, we care about PRIVACY and ANONYMITY, and we believe Monero is the best financial tool for that purpose at the moment.

I won't go into the pro/cons and up/downsides of Monero vs Lightning, so I will just say to you, I am just as happy if at least you use lightning when you pay your supplier.

Help normalize privacy. That's all most of us (also most of us use or at least hold Bitcoin too, often at a 90:1 or even bigger ratio, by the way) are asking for.

It's the normalization of reckless transparency that criminalizes people like me. We just want to do our thing and be left alone. Nothing shady (mostly lol), nothing special, but I have a right to do my business and my transactions without doxxing everything to government, corporations, and on a transparent chain, literally to the whole world in perpetuity.

It's not too much to ask. Right?

Never forget.

So tolerant.

Until you disagree with them.

All those people who elect to use it at coincards, shopinbit etc, such that Monero is the most used coin there, sure seem to think otherwise.

All the darknet markets buyers and sellers, who really need the privacy and anonymity in their payments, sure seem to think otherwise.

All the governments who ban it, either explicitely or behind the scenes, sure seem to think otherwise.

It'll never cease to amaze me that self-professed believers in free market and individual liberty somehow manage to blind themselves to the truth when it's not convenient (i.e, not congruent with their unchecked assumptions and dogmatic beliefs).

*unless you're cheating*.

This is more accurate than it seems 😂

Bitcoin is headed for the Theft pillar (sound money and all that), after that pillar goes down, the Surveillance one remains (symbolic because of Bitcoin L1 total surveillance), and then The State, now unstable because the other pillar fell, falls down mightily on Bitcoin.

We're all launderers now.. we're all launderers now..

😂

It's a transparent ledger.

Ledger Live queries their servers.

... seriously.

:p