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Bitcoin is probably the most asymmetric store of value bet we will ever see. But the very properties which cause it to excel in that role make it a suboptimal medium of exchange for an economy of scale. MoE is arguably the most important role of a money. By that perspective, Bitcoin is not the best form of money ever created. It can still be incredibly valuable without that, and is.
29.7.2025
JUST IN: Coinbase CEO Brian Armstrong says "Bitcoin is the best form of money ever created."
Don't be this:
6.3.2025
People like to tell you the reason your ideas about Bitcoin are wrong is that you just don't understand it well enough. They wield your perceived ignorance like a weapon. It's a warm blanket that shields them from critical thought.
@RickNeal5 @Yan24B24 @BitcoinRooster @lotteryminer I've posted about it a bunch of times. Here is one post. Would need to look for more
5.5.2025
The most common conceptual hurdle when I argue against a fixed supply of money is folks confusing divisibility of units and structural deflation. Cutting BTCs into satoshis does not solve the issue of fixed supply of money in an economy. What you're arguing for is basically changing price tags from $1.99 to 199 cents. However the value is the same. But when total circulating money units in an economy are fixed, even assuming infinite divisibility of those units, the release valve in the absence of productivity innovations is a forcing lower of the price level across that economy, a.k.a. structural deflation, which is not good.
@GaudreauJordan No, I haven't. I plainly stated what I thought of your question. You must understand there are 50 something replies to this post, and I have responded to many of them.
If you'd like to understand my views more, here are some other posts I've made
19.4.2025
@HumblyStudying Behave slyly? Im not playing a game here. Maybe you just miss my posts.
Other posts I've made on this topic are linked here
19.4.2025
@HumblyStudying Behave slyly? Im not playing a game here. Maybe you just miss my posts.
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