Post
Topic
Board Development & Technical Discussion
Merits 1 from 1 user
Re: "Surprisingly, Tail Emission Is Not Inflationary" -- A post by Peter Todd
by
tadamichi
on 21/07/2022, 17:04:17 UTC
⭐ Merited by JayJuanGee (1)
For saving your BTCBTC from next crashes, I'm hardly working on a project on my exhausted personal budget,
Bitcoin needs a saviour?

are you committed wise enough to donate like half a percent of your unfairly acquired old coins?  Huh
Im not even an early holder, but saying early coins were acquired unfairly is kinda insanity.

Govs all over the world are targeting bitcoin miners for imposing bans, extra taxes, etc. Meanwhile, PoS shills are aggressively promoting their stupid ideas about PoS being the next generation, environmentally correct, energy efficient alternative to PoW, blah, blah.  
How does this matter when you’re actually decentralized?

Bitcoin is not adopted as means of payment, not even in the horizon, instead ,speculators (people like you), along with gamblers and scammers are dominating the marketplace.
Cringe, when soft and hard money circulate together, the hard money will be hoarded and circulates less, aka bad money drives out good money. Until the soft money lost too much value and then hard money starts to be used as a means of payment, aka good money drives out bad money. Simple economic principles, no need to insult people for doing what’s rational or trying to fiddle with things that can’t be solved artificially. There’s speculators and gamblers but over 60% of Bitcoin is being hodld even now, ridiculous to assume the majority of people are gamblers or speculators. Simply storing value is a legitimate use case when inflation is over 10% and we’re still early in the adoption cycle.

Bitcoin is not even ready for mass adoption, right now with 4-5 TPS.
We didn’t even reach a point yet were TPS hindered mass adoption, mass adoption is a long process that depends on many factors outside of this. Just increasing tps alone isn’t what will make mass adoption happen overnight.