only Bitcoin maxis would call basic and commonsensical economic theory "dishonest argumentation to attack and discredit"
people delay spending in deflationary environments. period.
Bitcoin maxis talk about SoV all fucking day ffs.
hodlers are disincentivized to spend because someday it will be "generational wealth."
its fucking obvious and talked about all the time.
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What about bitcoin do you like?
I like that its protected by a godawful amount of kwH
I buy diepers for my babies with bitcoin ๐
It's net inflow being higher that matters.
"deflationary conditions don't disincentivize spending"
๐คก
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