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by n8n3k
3128 days ago
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"Economic growth today is about -2% per year. Why is this? If you own more than 0.01 Bitcoin, chances are you don't do anything with your money. There is no inflation, and thus no incentive to invest your money." See, if you don't invest your money you simply make everyone elses money more valuable, until someone actually does invest it. You need to stop looking at money and start looking at resources, time, etc.. Those stay the same, no matter how much money is spent. "Just like the medieval ages had no significant economic growth, as wealth was measured in gold, our society has no economic growth either, as people know their 0.01 Bitcoin will be enough to last them a lifetime." You know the Industrial Revolution happened when wealth was measured in gold. Do I really need more excuses to stop reading this bullshit? |
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