57 sats \ 0 replies \ @faithandcredit 28 Aug 2023 \ on: “On a long enough timeframe, everything trends towards zero when priced in BTC” bitcoin
I think that price volatility will trend toward zero. We have data from USA after 100 years on gold standard. Prices on goods and services remained stable. "Deflation" from increases in productivity from new business models and technology was offset by increased demand from a growing population. So inflation/deflation it's not just about the money. Maybe I am stating the obvious.