this post was submitted on 14 Sep 2023
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Does it matter here? If we'd talk about making BTC the federal currency, I'd agree. But the average person has < 1% of the total welth in Bitcoin and it's more like a side-by-side thing.. The block size is also limiting how much it can be used anyway. So, inflation would highlight that problem.. I think, at this point, no one behind Bitcoin is actually aiming to make Bitcoin the single world currency everyone uses exclusively. So, let it be deflational for those who want to put a fraction of their money in a non-inflational currency...