Inflation being pretty low and things being pretty good is a qualitative subjective statement that doesn't mean much unfortunately. Are you talking about hamburgers, houses, cars, eggs, or something else entirely? >Your fixed money supply will lead to wildly swinging prices and kill any business quickly. I fail to see why this should be so obvious. >That's why you like dollars and obsess over the dollar price of Bitcoin. The reason bitcoiners "obsess" over dollars is because the dollar is the dominant monetary system, not because inflation is low and things are generally speaking good as you seem to think. Should we discard this measurement and start focusing on some imaginary benchmark?

> Inflation being pretty low and things being pretty good is a qualitative subjective statement that doesn't mean much unfortunately. Are you talking about hamburgers, houses, cars, eggs, or something else entirely? Hamburgers and eggs yes. Food is a good indicator. Housing is like oil in that if the price goes up it's possibly a shortage in supply not too much money in circulation. > >Your fixed money supply will lead to wildly swinging prices and kill any business quickly. > I fail to see why this should be so obvious. The amounts of goods and services offered will vary. If a fixed amount of money chases a varying amount of goods and services the price paid for each good or service will have to vary. > The reason bitcoiners "obsess" over dollars is because the dollar is the dominant monetary system, not because inflation is low and things are generally speaking good as you seem to think. Should we discard this measurement and start focusing on some imaginary benchmark? The dollar is dominant because it's the best system we have, not because evil forces don't let you have your Bitcoin economy. Feel free to come up with a system for more stable prices. If you have one you can rule the world.