438 sats \ 3 replies \ @BlokchainB 27 Nov 2023 \ on: What If We Don't Sell Our Bitcoin? bitcoin
I think people who are savers will finally get rewarded for saving and will only spend on things that are worthwhile.
Bitcoin was designed to protect purchasing power into the future . This is what the world currently seeks out. That is the reason why the treasury market is so big.
But this type of saving behavior is the main fear of a consumption economy where everyone saves no one spends thus the economy collapses.
It's some kind of communist thinking, as if people all over the world will suddenly become a herd that needs nothing.
They're not. People will always have needs, dreams, desires.
And people will always have different levels of wealth, even in bitcoin. Those who have more bitcoins will buy goods before others.
The only difference is that a relatively poor person will be just as capable of saving up for something very valuable. And that's a good thing.
But the economy will never stand still.
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There is no state compulsion. This isn't communism. This is a voluntary decision. People are free to do as they please with their bitcoin.
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wise words
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