> As the market matures and price stabilizes the free ride shrinks.
How does that work out? I thought we established that as economic output goes up so must the purchasing power of a supply capped currency? The only outcome in that case is downward pressure on economic production.
It's cool to me that we can even attempt to experiment with a supply capped currency, this was impossible two decades ago, but that is not a problem you can hand waive away. The supply cap dooms bitcoin IMO, and it's not a dichotomy between hard cap and let Jerome Powell decide.
mister_monster
npub1m5…jgjl3
2025-05-15 05:19:27
in reply to nevent1q…9stk
Author Public Key
npub1m5s9w4t03znyetxswhgq0ud7fq8ef8y3l4kscn2e8wkvmv42hh3qujgjl3Published at
2025-05-15 05:19:27Event JSON
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