35 () posted 3 years ago by ghost_of_aswartz 3 years ago by ghost_of_aswartz +37 / -2 12 comments share 12 comments share save hide report block hide replies
I do agree that artificially enforced scarcity is stupid and the limiting factor.
When we were focused on the gold standard, it was based on real precious metal scarcity.
There is not a limitless amount of gold on the planet, and we do not artificially enforce scarcity. It's just actually scarce.
Why is artificially enforced scarcity stupid? I don't think having an inflationary currency is a good thing. If it was, there would be little point in creating cryptocurrency when we already have the digital dollar.