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0 sats \ 4 replies \ @bitcointerest 21 Nov 2023 \ parent \ on: Stacker Saloon
Living off-grid is my dream, but buying a plot is expensive. Who knows, I might be able to use my stash as collateral in the future to buy a plot. This would be better than selling a deflationary asset like Bitcoin.
selling a deflationary asset like Bitcoin.
Please tell me where in the whole Bitcoin white paper says "its a deflationary asset" ?
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Deflationary is defined as a reduction of the supply of money in an economy. In this case, a reduction of the supply of Bitcoin in the economy. The code might have it at a fixed supply but because people loses access to their Bitcoin, the supply gets reduced. It might not be a lot but by this nature it's deflationary.
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I was talking about "asset".
It says clearly: P2P money.
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You can't be so technical Darth. Not everyone is so well versed when it comes to the lingo. You have to accept people's shortcomings my friend.
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