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1 sat \ 2 replies \ @OT 3 Jun \ on: Does bitcoin have to 'go up' to be a good currency? bitcoin

It kinda needs to increase in purchasing power over time.

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

That sounds more like gold or property

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106 sats \ 0 replies \ @OT 3 Jun

If it doesn't grow we'll have cycles of more bitcoiners selling and then less mining. If it gets to a state where the hash rate is easy to 51% attack then it no longer becomes permissionless money.

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