"producers will become more efficient" isnt a "logical argument that stems from free market dynamics"
you make it sounds like a graduate thesis.
the fact is
increases in efficiency will have to AT LEAST beat the rate of deflation.
and as our example illustrates
it isnt easy to do.
Bitcoin is a deflationary SoV, why spend if you just end up with less purchasing power?
inb4 "muh theoretical increases in efficiency"
Hanshan
npub1lx…6svxa
2025-05-14 14:10:22 UTC
in reply to nevent1q…hs42
Author Public Key
npub1lxzaxzge0jq9u9cecucctdt5lslwgp7hcxmp2l0wn8r2ecjenwasu6svxaSeen on
wss://relay.damus.ioPublished at
2025-05-14 14:10:22 UTCEvent JSON
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