{"type":"rich","version":"1.0","title":"Hanshan wrote","author_name":"Hanshan (npub1lx…6svxa)","author_url":"https://yabu.me/npub1lxzaxzge0jq9u9cecucctdt5lslwgp7hcxmp2l0wn8r2ecjenwasu6svxa","provider_name":"njump","provider_url":"https://yabu.me","html":"\"producers will become more efficient\" isnt a \"logical argument that stems from free market dynamics\"\nyou make it sounds like a graduate thesis.\n\nthe fact is\nincreases in efficiency will have to AT LEAST beat the rate of deflation.\n\nand as our example illustrates \nit isnt easy to do.\nBitcoin is a deflationary SoV, why spend if you just end up with less purchasing power?\n\ninb4 \"muh theoretical increases in efficiency\""}