rich1.0Hanshan (npub1lx…6svxa)https://yabu.me/npub1lxzaxzge0jq9u9cecucctdt5lslwgp7hcxmp2l0wn8r2ecjenwasu6svxanjumphttps://yabu.me"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"