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1 sat \ 4 replies \ @unboiled 3 Jun \ on: Does bitcoin have to 'go up' to be a good currency? bitcoin

Purchasing power has to go up over time.

As long as fiat, in which I suspect you are measuring go uppiness, always loses purchasing power, the answer is yes.

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1 sat \ 3 replies \ @028559d218 OP 3 Jun

I mean my point is that if its simply a currency... The biggest currencies lose value every year. Then people would spend it w/o capital gains. If its freedom money then freedom money does that necessitate being a good store of value.

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1 sat \ 2 replies \ @unboiled 3 Jun

Plenty of shitcoins take that route. You be the judge if the freedom they provide is valuable enough to you to use them.

And if capital gains stop you from spending, you have too much fiat exposure.

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1 sat \ 1 reply \ @028559d218 OP 3 Jun
Plenty of shitcoins take that route.

I don't know of any shitcoins that offer freedom

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1 sat \ 0 replies \ @unboiled 3 Jun

What freedom are you after?

I was thinking in terms of being able to transact in a permissionless way.

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