Why Nostr? What is Njump?
2024-08-12 16:16:38

Sibshops on Nostr: BeAware :fediverse: Oh yeah, bitcoin is one of the worst proposals for a currency. 2% ...

Oh yeah, bitcoin is one of the worst proposals for a currency. 2% inflation is the consensus for a healthy economy.

Who's going to invest when they can just hold? Startups would instantly go under because there would be no venture capital. Banks wouldn't have money to issue loans so housing would go under, credit card companies wouldn't give out credit, they can just make money holding as well.

It would be an overnight great depression.
Author Public Key
npub1hdyja62nzjkc5tk8mpwrshuygldzd80x2all75jsehy82ttynt3qqypxgx