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197 sats \ 2 replies \ @halalmoney 20 Feb \ on: Bitcoin has a Scaling Issue bitcoin
Putting the scaling issue into a possible future context:
“Deflationary money… will give everyone a reason to save rather than overconsume, giving more people access to whatever they want over time because of the falling prices. If you postpone your spending, your bitcoin will buy you more in the future. In other words, fewer transactions. Quality before quantity. The necessity for transactions per second will diminish.”
https://bitcoinmagazine.com/culture/real-scaling-solution-for-bitcoin
It's not quite linear, because less spending also mean less investment, production cost reduction from economy of scale etc
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