Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
aigeezer
on 10/01/2017, 17:42:14 UTC

What I'm saying that this phenomenon (of credit inflation beyond the base supply) is so natural, so ubiquitous and so necessarily that if adoption continued to grow, M1 would simply find other fertile sectors of expansion - i.e. any offchain liquidity at all that was "denominated" in Dash would qualify.


OK. I think we're working from differing axiom sets. I see the phenomenon of credit inflation beyond the base supply as a 20th century thing, fueled in part by dramatic population growth in the Americas. I see it as inherently unstable. I see it as a phenomenon that will slow and end over the next few decades, probably sooner rather than later, and with dramatic unintended leverage damage as it unwinds.

Interesting stuff to think about. Oh, I'm 73 so not in the workforce (yea) but I put in my 40 back in the day. Age definitely colours my perspective, which may or may not be a good thing.

We'll place our bets differently perhaps and at least one of us (possibly both) will be wrong. In 100 years it won't matter what we thought.         Wink