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>when you save instead of spend shouldn't your stored potential increase instead of decrease? It should and it does if you actually invest your savings in prod
by pedrocr 9y ago
>when you save instead of spend shouldn't your stored potential increase instead of decrease?
It should and it does if you actually invest your savings in productive assets (stocks, bonds, land, etc). These days it's extremely convenient to do this in almost all modern societies.
>Of course the current corporate system does not want this they want you to spend all you have and be a debt slave. Think.
Misguided hyperbole. If you want to break that cycle you need to stop spending money and instead save by buying assets. An inflationary currency encourages that by making it costly to just sit on your money once you've decided not to spend it. A deflationary currency encourages hoarding currency, not investing it and thus making the whole economy poorer. If you're spending all your money as soon as you get it this is actually irrelevant and you don't hold it long enough for inflation to matter.
Bitcoin is worse for your objective than current stable currencies like the euro and the dollar. Those have a predictable and low level of inflation that allow you to manage your day to day finances with a high level of predictability so you can then take any amount left and invest it in actual productive assets to over time build a return. Teaching people to use the standard financial tools already available would seem a much better contribution to society than trying to build a whole new financial system that doesn't seem to have any actual huge advantages.