2 ms·
> A small proportion of a big pie can be much more filling than a large proportion of a small pie. This is for sure. But with regards to pure "increasing one's
by ObserverNeutral 5y ago
> A small proportion of a big pie can be much more filling than a large proportion of a small pie.
This is for sure. But with regards to pure "increasing one's net worth while sitting on the couch" then deflationary is always better than inflationary.
Of course there are other considerations. For sure there is a currency more deflationary than USD, but such currency doesn't give you access to the US equity and bond markets. So what you lose on the inflation side you recoup with the use side.
> Having said that, and speaking for at least myself, the (in my opinion) misguided narrative around deflation and 'store of value' that is common in bitcoin core world makes me much more interested in bitcoin cash and ethereum commmunities where niche economic philosophies I don't agree with are not as common as in bitcoin core.
I think if we are talking price prediction, then the only people who invest in crypto are the ones who embrace a "misguided narrative around deflation"
Those who have an academic view around deflation won't ever invest.
Those who don't care and stick to predicting price such as myself will invest in moderation to trade on the true believers we just mentioned.