Re:Bitcoin is a disaster
by hertzrat on Thursday December 31, 2020 @06:03PM
(#25598241)
If almost the entirety of the money ends up, in the medium run, in the hands of a few wealthy people who want to invest, it explains the lack of inflation for everything but investments
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Re:Bitcoin is a disaster
by imtringued on Thursday December 31, 2020 @08:12PM
(#25599601)
Consider that the money is mostly going to the owners of assets. Assets have the unfortunate property of only giving returns to their owners and most people simply do not own assets so it's an incredibly poor way of introducing money to consumers.