๐๐ฏ ๐ฆ๐น๐ค๐ฆ๐ณ๐ฑ๐ต ๐ง๐ณ๐ฐ๐ฎ ๐ต๐ฉ๐ฆ ๐ต๐ฉ๐ช๐ณ๐ต๐ฆ๐ฆ๐ฏ๐ต๐ฉ ๐ค๐ฉ๐ข๐ฑ๐ต๐ฆ๐ณ ๐ฐ๐ง โ๐ฎ๐ญ ๐ค๐๐ฒ๐๐๐ถ๐ผ๐ป๐โ, ๐ต๐ฉ๐ฆ ๐ธ๐ฐ๐ณ๐ญ๐ฅโ๐ด ๐ง๐ช๐ณ๐ด๐ต #Ai-๐ฆ๐ฏ๐ฉ๐ข๐ฏ๐ค๐ฆ๐ฅ #Bitcoin ๐ฃ๐ฐ๐ฐ๐ฌ.
Weโve all heard that some inflation is good, but too much is bad, and deflation is bad too. How can this be true, and how could Bitcoinโs disinflationary nature be good for society? In this chapter, TheGuySwann (npub1h8nโฆrpev), knutsvanholm (npub1jt9โฆla9y), profstonge (npub1xr4โฆf6z3), Princey (npub1hghโฆfyz2), and Natalie (npub1ahxโฆ5ech) each give their perspectives, and expound on the simple truth that ๐ถ๐ป๐ณ๐น๐ฎ๐๐ถ๐ผ๐ป ๐ถ๐ ๐๐ต๐ฒ๐ณ๐.
Below is Natalie Brunellโs answer, as written in โ๐ฎ๐ญ ๐ค๐๐ฒ๐๐๐ถ๐ผ๐ป๐โ:
๐ก๐ฎ๐๐ฎ๐น๐ถ๐ฒ ๐๐ฟ๐๐ป๐ฒ๐น๐นโ๐ ๐ฎ๐ป๐๐๐ฒ๐ฟ:
Is there โsomeโ amount of money you are comfortable losing just by holding onto it for the future? Is it โgoodโ if our purchasing power decreases year-by-year as the total supply of dollars increases without a single worker voting for such a policy? Inflation, which is the expansion of the supply of money, is a theft on all holders of that money and it forces them to look for other uses and investments that may carry risk. It encourages investment in other asset classes, such as houses and equities, which causes a distortion in the real value of those goods. And this offers an advantage to wealthier members of society at the expense of the poor. All inflation is theft, and no level of theft is good for society.
Natalie Brunell is a podcast host, media commentator and international Bitcoin educator. Her popular show, Coin Stories, is the number 1 rated woman-led show focused on the intersection of Bitcoin and global economics. Natalie is also an award-winning TV journalist and former adjunct professor.
Preorder your copy of โ๐ฎ๐ญ ๐ค๐๐ฒ๐๐๐ถ๐ผ๐ป๐โ, and ๐๐ฎ๐๐ฒ ๐๐ฝ ๐๐ผ ๐ด๐ฌ%, by contributing to our geyser (npub1kmwโฆxqk9) initiative:
https://geyser.fund/project/spiritofsatoshi