Profile: 8872fad6...

Replying to Avatar Mazenger

Fiat currencies lose purchasing power over time because governments and central banks conspire to create more for their benefit.

Money, such as gold or #bitcoin   , preserve and grow purchasing power because of their monetary properties, namely scarcity.

#plebchain #nostr #coffeechain #web3 #zaps #bits #inflation #hispano

nostr:nevent1qqs2rs8wha8va8hlgpaeesdr30rr7vq6gmtd206j3xtm84gjn453t9czyp3lcqxm9t9mmtqmdtemqg7a4f7evp9q3dxwtx3694gc5j2ngsfz2qcyqqqqgfcug05ye

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8872fad6... 2y ago

BTC is deflationary tho, which makes people never want to spend it. And transaction fees are high. And almost 0 companies accept it as payment.

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