Diesel on Nostr: Has #[0] written anything about reserve currencies that have an in elastic supply ...
Has
LynAlden (npub1a2c…w83a) written anything about reserve currencies that have an in elastic supply such as gold or fixed supply such as Bitcoin?
Are there other resources that expand on this topic? Continually trying to harden and challenge my position that BTC could be a reserve currency but admittedly don’t fully understand in practice how a currency with a fixed supply will succeed.
Money printer = bad is easy for me to understand but how does a fixed currency supply fix this is more challenging, specially on the longer end of the spectrum
Published at
2023-03-27 19:43:56Event JSON
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"content": "Has #[0] written anything about reserve currencies that have an in elastic supply such as gold or fixed supply such as Bitcoin?\n\nAre there other resources that expand on this topic? Continually trying to harden and challenge my position that BTC could be a reserve currency but admittedly don’t fully understand in practice how a currency with a fixed supply will succeed. \n\nMoney printer = bad is easy for me to understand but how does a fixed currency supply fix this is more challenging, specially on the longer end of the spectrum",
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