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Re:Bitcoin Is Time by whatever1 on Tuesday March 02, 2021 @11:02AM (#26316699)
Every currency’s goal is to be stable in terms of value. The mechanics of achieving so are complicated though since you will need to exactly calibrate the supply of new money to match your economic activity. We are at the point where we don’t even agree what economic activity is lol.
Re:Bitcoin Is Time by seibelj on Tuesday March 02, 2021 @11:06AM (#26316734)
Incorrect - central banks target inflation, such as 2%. The official goal is to lose 2% of value every year.