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Again you are mixing price with purchasing power (value in time). Are not the same.
Study some praxeology or read Knut's book about.
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Again you are mixing price with purchasing power (value in time). Are not the same.
Study some praxeology or read Knut's book about.
Again, which part of my OP is invalid if you replace price with purchasing power?
Or don't you expect the purchasing power to rise, and a real (i.e. not just nominal) wealth transfer to happen? For that to happen, either the economy would have to stagnate forever, or Bitcoin adoption would have to not happen.