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Kevin's Bacon
Member since: 2023-02-24
Kevin's Bacon
Kevin's Bacon 8h

MUH GROWTH I don't care if your intuition says nobody will invent new tech. Someone will do it, whether you think they will or not. Tail emissions schedule would result in almost permanent deflation too, so you're arguing against your own preferred system, albeit to a lesser degree than the hard cap on total coins ever.

Kevin's Bacon
Kevin's Bacon 8h

Thanks for this at least 🤙

Kevin's Bacon
Kevin's Bacon 8h

You might be right, it may be best to not platform them at all.

Kevin's Bacon
Kevin's Bacon 8h

Lol! Well, dishonesty, to normies, really let's lies spread. So you have a reason to be pissed.

Kevin's Bacon
Kevin's Bacon 9h

Ludwig Von Mises?

Kevin's Bacon
Kevin's Bacon 9h

Known and unchangeable really is the key thing. And also unusually scarce. Monero, Bitcoin, and DOGEcojn of all things, all have this in their favor. Kanzan, it is annoying when you try to accuse the other person of not standing on true principles, with every damn interaction, just because they are profiting from increasing marketability of the money they hold, which you are also doing. It's a pretty obviously dishonest tactic.

Kevin's Bacon
Kevin's Bacon 9h

You've done a really bad job in identifying any real economic problems.

Kevin's Bacon
Kevin's Bacon 9h

Also, methinks you keep shifting the goalpost and not really addressing the other argument.

Kevin's Bacon
Kevin's Bacon 9h

No, he answered you, you just turned off your brain. That passage IMPLIES that permanent deflation can be good.

Kevin's Bacon
Kevin's Bacon 9h

Do you believe in the labor theory of value too? What is this, Calvinism where hard work is the good in itself, not efficient or effective work? Make up your mind about your value theory and metaphysics, man

Kevin's Bacon
Kevin's Bacon 2d

The other question is what units would your ideal algorithm track? Inflation can only be defined in terms of baskets of goods, which are quite subjective.

Kevin's Bacon
Kevin's Bacon 2d

The supposed need for the quantity of money to grow in step with goods or productivity

Kevin's Bacon
Kevin's Bacon 2d

Renoted for the scene

Kevin's Bacon
Kevin's Bacon 2d

Binary number representation with biological appendages, try it!!

Kevin's Bacon
Kevin's Bacon 2d

From the June 1999 Phantom Menace issue of Popular Mechanics, back when it was less insufferable

Kevin's Bacon
Kevin's Bacon 5d

Wait, I'm also the guy going "wait?" Always have been. Wait, I'm also the guy going "wait?" Always have been. Wait, I'm also the guy going "wait?" Always have been. Wait, I'm also the guy going "wait?" Always have been....

Kevin's Bacon
Kevin's Bacon 5d

But we are godlike, to be fair. Unmatched in sonar capabilities.

Kevin's Bacon
Kevin's Bacon 5d

Immature women who are too stupid and self deluding to know the difference prefer the high time preference men, yes.

Kevin's Bacon
Kevin's Bacon 5d

Heyo!

Kevin's Bacon
Kevin's Bacon 5d

That's one bad motherfucker

Kevin's Bacon
Kevin's Bacon 9h

At least he understands this.

Kevin's Bacon
Kevin's Bacon 9h

It's amazing what people will trick themselves into without verifying, and then pretend they know better than everyone else.

Kevin's Bacon
Kevin's Bacon 9h

Really now? They'll never find a better deal than 20% increase in purchasing power? If this were so, which is ridiculous already, then productivity would cease growing so fast, which means that bitcoin purchasing power would increase slower, which means that opportunities that yield the same as bitcoin had previously been returning, individually assessed and risk adjusted, would become more highly valued and would get funding, so the system is self regulating. It simply selects for investments that clear a decently high bar, like, oh say, using Bitcoin as money and not losing money. I know, SUCH a high bar, almost no investment would ever happen. Psh.

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About Me

Natural Law Anarchist 🏴 | Bitcoiner 🧡 | Something of an Aristotelian myself | Student of Nature | Highly Sensitive Person | High IQ Retard | Austrian Economist | Something of an Investor myself | Polymath | Excellent Source of Protein and Triglycerides Intellectual honesty is key. Consent is king. Chaos is self-regulating. Authority of any man over another is necessarily a fiction.

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