Damus
Hoshi · 132w
good point! I hear bitcoiners say that civilization/technology advances (like it would be a law of nature) and therefore money should increase in value. The question that I miss is: how should money b...
Luffy profile picture
It's a good question. I think money has to be based on truths. No manipulation/unfair advantage/sleight of hand.

As soon as there is manipulation in money things downstream end up distorted.

Truth is best for civilisation I believe. We are not taught to find truth. We are taught to seek approval. School does this best!!

Let's run the bitcoin experiment I say.

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Hoshi · 132w
That is true. Blockchain is the best ledger. But I suspect that reducing the block rewards for miners to zero is a mistake that will harm the security of the chain and reduce incentives to invest/innovate. They perform a service for the store of value but will get the rewards only from current trans...