הצטרף ל-Nostr
2026-07-04 13:54:19 UTC
in reply to

Silicology on Nostr: Bitcoin is not a sound money either, as it does not help in sustaining the economy, ...

Bitcoin is not a sound money either, as it does not help in sustaining the economy, reduces the velocity of money, and increases poverty. Its only benefits are for early holders. What we need is programmatically taxable money with a fixed supply that increases the velocity of money and uses taxes to provide universal basic income and fund other public goods.

https://iambrainstorming.github.io/chapters/economics/gold-standard-criticisms.html