https://twitter.com/Melt_Dem/status/895466611477544960
Still dont understand why the hell anyone with some common sense would spend an asset whats gonna worth several times more this time next year???
That "asset" was intended to be money. Buy more.
If it really was intended to be first and most importantly money, then it shouldnt have a cap on its supply or Sathosi was a shitty economist.
NO, the reason it has a cap is so we dont have a problem like how banks just magically " inject money " convincing us that its value is what it is while in the meantime they are the one's holding the " real solid assets " like property, gold etc. Its the biggest scam in the history of humanity mate, Banks lending " money " to people that has no real value which you and I pay with real asset/commodity.. our time and working 12 hour shift for us to " pay our debts with these big bank mofos!
Yeah, Satoshi probably thought the same, thats why I said he was a shitty economist. You cant learn finance from Fight Club...
Deflation means more money in the pockets of the earners and savers, not the banksters...or their shills.