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That's not actually true. The fee is implicit in the continuous and perpetual inflationary devaluation of the currency. Moreover, this fee applies whether you t
by OutOfHere 2y ago
That's not actually true. The fee is implicit in the continuous and perpetual inflationary devaluation of the currency. Moreover, this fee applies whether you transact or not.
- jxjnskkzxxhx 2y agoInflation in not a transaction fee. At most you could call inflation a cost. You sound like you're just playing with words.
- OutOfHere 2y agoI said as much. Inflation is a holding cost. Ultimately, all costs matter, whether for holding or for transacting.
- jxjnskkzxxhx 2y agoYou didn't say as much. You said inflation is a fee; inflation is not a fee.
- OutOfHere 2y agoInflation is 100% in effect a fee on holding. As the saying goes, if it quacks/walks/acts like a duck, you can decorate it with all the lies you want; it is a duck.