3 ms·
Fiat inflates by design. It is very specifically intended to never be an investment. It is meant to be spent or invested in equity and interest-bearing securiti
by tootie 5y ago
Fiat inflates by design. It is very specifically intended to never be an investment. It is meant to be spent or invested in equity and interest-bearing securities. Deflating currency is never spent. Hence, Bitcoin is not currency and comparisons to fiat are not meaningful.