0 sats \ 0 replies \ @newman 4 Oct 2022 \ parent \ on: I'm Nik Bhatia, founder of The Bitcoin Layer and author of Layered Money. AMA. bitcoin
yeah guess so. i agree dollars aren't going anywhere. the question is what will be the core reserve store of value. gold was historically, growing at ~2%/year. now it is US dollar, growing at ~6-8% per year....bitcoiners assume 0 growth is the perfect answer over the long run. could be....
milton friedman proposed growing money supply at same rate as the economy. how do you view that monetary policy vs a fixed supply (at 21m)? why is fixed inherently superior? isn't price stability better than inflation or deflation?
The key is to get more high quality conversations going. Right now the incentives drive links and starting threads. Perhaps experiment with some way to distribute sats from a robust conversation - some to the OP but many to those that drive conversation. So many ways to find links today. High quality commentary much harder. My .02.
GENESIS