"Bitcoin is naturally deflationary, meaning every coin increases in value, while Monero is naturally inflationary, every coin decreases in value. Monero’s rate of inflation is similar to gold, but that means it is not as good of a store of value as bitcoin."
- Bitcoin is not deflationary and will never be except if you burn coins
- Gold just did x10 in 20 years, he didn't decrease in value
- The value of something is not defined by inflation or deflation, it just have a little impact except if this inflation (or deflation) is crazy like FIAT.
- Ethereum is now deflationary, but the value can crash 100% if no one want it.
- Bitcoin is not a good store of value, what will happen to Bitcoin if a massive world war or solar eruption happen ? Bye bye Internet, all crypto will be wiped out. There is only 2 good store of value: Gold & Silver. Bitcoin is not and will never be a digital Gold, it's a nonsense, Bitcoin is a program, a tool, a network, but it's not physical and will never be.
mbl007 / mbl
npub14q…pw5k6
2024-11-09 20:36:42
in reply to nevent1q…xegl
Author Public Key
npub14qsndlwxk6nev5hd50qv6auwdmwykpgy0ayec68y7qpjq3xm7jeqkpw5k6Published at
2024-11-09 20:36:42Event JSON
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"content": "\"Bitcoin is naturally deflationary, meaning every coin increases in value, while Monero is naturally inflationary, every coin decreases in value. Monero’s rate of inflation is similar to gold, but that means it is not as good of a store of value as bitcoin.\" \n\n- Bitcoin is not deflationary and will never be except if you burn coins\n\n- Gold just did x10 in 20 years, he didn't decrease in value\n\n- The value of something is not defined by inflation or deflation, it just have a little impact except if this inflation (or deflation) is crazy like FIAT.\n\n- Ethereum is now deflationary, but the value can crash 100% if no one want it.\n\n- Bitcoin is not a good store of value, what will happen to Bitcoin if a massive world war or solar eruption happen ? Bye bye Internet, all crypto will be wiped out. There is only 2 good store of value: Gold \u0026 Silver. Bitcoin is not and will never be a digital Gold, it's a nonsense, Bitcoin is a program, a tool, a network, but it's not physical and will never be.",
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