-
@ John
2025-05-23 13:03:52
But this presumes that people participating in the same economic network shouldn't benefit from the productivity of the network based on a further presumption that this would prevent investment. We already have numerous examples of investment funds that specifically take into account the hurdle rate of bitcoin when determining whether to invest or not. I dont think either of the previous presumption are axiomatic. In fact, I think devaluing the money to spur investment is exactly the problem. For example, if you impose 2% inflation, all you're doing is modifying down the hurdle rate organically established by the growth of the economic system proportionally. It's exactly the same thing just inorganically modified by an inflationary policy. To me this is just arbitrary.