It's time for an inequality index for cryptocurrencies distribution

Post by micromacrofoot » Mon, Jan 17, 2022, 3:25 PM UTC

maxwell86 wrote: post #110

micromacrofoot wrote: post #31

Earlier quoted context omitted.

right, most people keep their crypto in exchanges which are definitely not just worse banks

My dog is closer to a bank than an exchange is.

Post by baby » Mon, Jan 17, 2022, 7:44 PM UTC

paulpauper wrote: post #104

baby wrote: post #38

Earlier quoted context omitted.

Jul 16 2021, bitcoin was 30k, today it’s 40k, how is this a deflating bubble?

was at 70k

Post by grey-area » Sat, Jan 22, 2022, 5:26 AM UTC

ashwagary wrote: post #73

zepto wrote: post #71

Earlier quoted context omitted.

You’ll need evidence for that, and a way to disambiguate Bitcoin’s performance as an inflation hedge from the speculative bubble. > it did a 5,000,000x plus return in that time Then it is self evidently not an inflation hedge.

BTC's monetary policy makes it an inflation hedge regardless of what humans are doing with it, the cycles just take 4 years to play out. The evidence is literally in the code. No need to complicate things, just focus on 2 key questions... 1. Is the BTC supply inflation rate lower than the US dollar’s (and other fiat currencies)? 2. Will it be lower for the forseeable future? That will give you the simple answer you a…