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@ ManyKeys
2025-05-15 03:19:11
You’re right — nobody knows exactly where equilibrium lands. But here's the thing: every monetary system has trade-offs. The key question isn’t whether Bitcoin creates challenges, it’s whether its incentives are better than the alternatives. Under Bitcoin, the "penalty" for spending is just another way of saying "reward for productive use of capital." That’s not a flaw — it's the point. Deflation doesn't stop investment; it filters out unproductive spending and rewards those who create real value. Rather than painting this as a negative, you should ask why today’s system rewards waste, debt, and financialization instead. At least Bitcoin’s framework pushes us toward a more disciplined, merit-based economy — even if the exact path isn’t clear.