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That's not a valid flip, because: inflation.
by yeahitslikethat 7y ago
That's not a valid flip, because: inflation.
- kqr 7y agoYou are aware that just makes my point even stronger, right? Thanks to inflation, the labour capital I earn today is worth even less than the same capital earned tomorrow.
- yeahitslikethat 7y agoInflation is by design. Currency derives from current, meaning: to flow. Currency is not meant to be a store of value. We don't want people to horde currency. Bitcoin just misses the point of being a currency all together.