pull down to refresh
166 sats \ 1 reply \ @arrivederci 18 Mar \ on: Bitcoin is the lubricant bitcoin
This post appears to only be looking at the medium of exchange function of money, while ignoring its store of value function
you’re right that the bike lubricant analogy doesn’t account for a store of value, but the calculation i made at the bottom of the post does.
to close the loop on the bike analogy, imagine money is the entire bottle of bike lubricant (not just the amount applied to your bike).
you might spread some on your gears and chains as needed, and keep most of it in the bottle for future use.
reply