Hacker News new | ask | show | jobs
by ptudan 1878 days ago
Why do you buy things when you could only ever save?
2 comments

With stable currencies, if I buy $10 of stuff today, then I have $10 of stuff, and at the end of the week my bank account will be $10 (+/-0.01%) lower than where it would have been had I saved the money. I don’t regret this purchase.

With inflation-stage cryptocurrencies (Which I’m assuming ETH is, given that the article says "At the time of writing, ETH is at an all-time-high”), if I buy $10 of stuff today, then I have $10 of stuff, and at the end of the week my bank account has missed out on $300 of inflation. I should’ve saved my memecoins and used some other currency instead.

Don't ask a question that starts with "Why" (unless you're seeking a defensive response aka negotiating).

And the answer to your question is learn about the stopping problem https://en.wikipedia.org/wiki/Optimal_stopping