I think the economics here are pretty straight forward. It all comes to the supply and demand. The more bitcoin is held while demand is growing, the more bitcoin grows in value, tempting more people to join.
On the other hand, it doesn't matter what do you sell your coins for. If you sell them you're shorting bitcoin against something else.
And don't get me wrong, there's nothing wrong with selling your coins for useful products/services, it just not create any incentives to anybody aquire more bitcoin.
21seasons
npub1hf…5nhkm
2025-04-01 16:30:02
in reply to nevent1q…svxe
Author Public Key
npub1hfq2jxtam3x096gqh66wccjsjvpn6799mz6ql8jdqat0f5w2svnqx5nhkmPublished at
2025-04-01 16:30:02Event JSON
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