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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.”
It's not quite linear, because less spending also mean less investment, production cost reduction from economy of scale etc
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10 sats \ 0 replies \ @joda 21 Feb
But with micro-transactions, demand/use goes up exponentially. I've done thousands of transactions in a day on Nostr and Fountain. This is on Lightning, of course...
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