You are describing the other coins attempting to be money. Thats not bitcoin. Bitcoin has a set supply, and increasing demand, others have tried to replicate bitcoin for 14 yrs now. Call me “satoshi” & assume a money shortage: i can grow lettuce and use it as money to exchange for goods & services but its elastic supply will always meet demand at the lowest possible margin of cost. I will lose my savings either to decay or a larger producer. I didn’t create money, i created a good that can be temporarily exploited to gain more resources. Furthermore who will accept 10 truckloads of lettuce for a car that they produce. Just because i “satoshi” produced it does not make it money.

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Russo's avatar
Russo 2 years ago
You cant say printing money is imoral and that the “shitcoins” are imoral and say in the same argument Bitcoin isn’t printing new money because is set, it’s nonsense 🧐🧐🧐