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The whole point of having that positive inflation is that it encourages people to not hoard dollars and to instead invest their savings in something else. There
by mantap 6y ago
The whole point of having that positive inflation is that it encourages people to not hoard dollars and to instead invest their savings in something else. There is a hope that the something else is something productive but in many cases it's not anything particularly productive.
Reasonable people can differ on whether capitalizing an internet currency is productive or not.
- arcticbull 6y agoI actually agree completely. I’ve always found it funny that crypto folks rail against inflation in currency when it’s likely the sole reason their whatever it is (I say that due to complete lack of consensus around exactly you know what it is) got off the ground.