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1 sat \ 3 replies \ @SpaceHodler OP 10 Sep 2023 \ parent \ on: How will the new Bitcoin wealth change the world? bitcoin

Replace the $ values with "purchasing power"; which part of my post is still invalid?

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1 sat \ 2 replies \ @DarthCoin 10 Sep 2023

purchasing power is not the same as price. in $hitcoin fiat.
Value is not same as price.
You are still referring to $ and always think in $, that makes you a fiat maxi.

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1 sat \ 1 reply \ @SpaceHodler OP 10 Sep 2023

Again, which part of my OP is invalid if you replace price with purchasing power?

Or don't you expect the purchasing power to rise, and a real (i.e. not just nominal) wealth transfer to happen? For that to happen, either the economy would have to stagnate forever, or Bitcoin adoption would have to not happen.

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1 sat \ 0 replies \ @DarthCoin 10 Sep 2023

Again you are mixing price with purchasing power (value in time). Are not the same.
Study some praxeology or read Knut's book about.

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