You're talking about a >95% guarantee of a 2% average monthly return on something indefinitely, on capital that isn't producing economic output. On top of that, it's just chatgpt telling you that. I'm just pointing out that one ought to be highly skeptical of such a claim.
At best, bitcoin can preserve purchasing power indefinitely. In the short term, it can siphon wealth off late adopters as hard money, or give the older a cantillion effect like benefit in times of population growth. It cannot (and nothing short of a fleet of robots that make you everything you desire and maintain their own fleet can) preserve it's purchasing power and give you an additional return, especially not of 24% annually (ignoring compounding for simplicity) indefinitely.
mister_monster
npub1m5…jgjl3
2025-03-08 03:47:49
in reply to nevent1q…f48p
Author Public Key
npub1m5s9w4t03znyetxswhgq0ud7fq8ef8y3l4kscn2e8wkvmv42hh3qujgjl3Published at
2025-03-08 03:47:49Event JSON
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"content": "You're talking about a \u003e95% guarantee of a 2% average monthly return on something indefinitely, on capital that isn't producing economic output. On top of that, it's just chatgpt telling you that. I'm just pointing out that one ought to be highly skeptical of such a claim.\n\nAt best, bitcoin can preserve purchasing power indefinitely. In the short term, it can siphon wealth off late adopters as hard money, or give the older a cantillion effect like benefit in times of population growth. It cannot (and nothing short of a fleet of robots that make you everything you desire and maintain their own fleet can) preserve it's purchasing power and give you an additional return, especially not of 24% annually (ignoring compounding for simplicity) indefinitely. ",
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