Quote from: traincarswreck on March 03, 2017, 05:31:39 PM

Quote from: toknormal on March 03, 2017, 05:29:51 PM

Quote from: traincarswreck on March 03, 2017, 05:20:53 PM

Ok now that you have sorted you haven't answered my question. Isn't it try that to try to target bitcoin's usability in order to keep the price up (this is the Ver premise, don't argue it, its a premise), is an admission of inflation control?

No. Because price inflation and inflation of the monetary base are two different things. They are not trying to mess with bitcoin's inflation profile, ergo they are not attempting "inflation control".

Bitcoin's useability will have an arbitrary effect on its value. Maybe in the long term it might be good for it to have slow confirmations because people feel it's more 'safe'. Only the market can decide.

Maybe Ver think's he's making it more valuable by making it more useable but that's only one factor in the overall value proposition.

I wouldn't call it "attempting inflation control".

When we speak of inflation, we are speaking of degradation of value. Please re asses, with the proper definition.

to add to toknormals point.

trainscarswreck is the one not defining the proper concepts
value=price
value=desire/need

are 2 different things