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Chess is an abstract game in a tightly bounded universe. Economics (which includes monetary economics) is concerned with open systems in the real world. The two
by jkhdigital 5y ago
Chess is an abstract game in a tightly bounded universe. Economics (which includes monetary economics) is concerned with open systems in the real world. The two are not even remotely comparable.
You might benefit--expand your mind--by reading some classical economists' thoughts on such things.
- mandmandam 5y agoWe are not just talking about a small difference between BTC and newer gen crpyto. I've stated numbers above. While I appreciate the hilarity of invoking classical economics to justify vague Bitcoin maximalism, we are talking about something 6 million times more energy efficient, with infinitely lower fees, and well over a thousand times faster. It's objectively better on every technical front.