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Re:The technological case against Bitcoin and blockchain by landemva on Monday March 07, 2022 @11:32PM (#30596478)
I do not think inflation is fine. Advancing technology and improvements in manufacturing should make my money buy more, not less.
Re:The technological case against Bitcoin and blockchain by chii on Tuesday March 08, 2022 @09:40PM (#30610350)
and it did - for those technologies that became cheaper as a result. For other things that tech didn't increase the supply of, you end up paying more.

If you did not have inflation - or had deflation even, like in the case of bitcoin - everything would "become cheaper", but it would make certain types of goods/services scarcer (since they'd be paid less and less for doing the same labour due to the deflation, and so would choose to stop doing it at some point).

Re:The technological case against Bitcoin and blockchain by johnny_b_g on Tuesday March 08, 2022 @12:23AM (#30596716)
This totally ignores the greediness in capitalism, which cryptocurrencies exemplifies (there's no problems they actually solve, except the problem of how to make the rich richer)
Re:The technological case against Bitcoin and blockchain by landemva on Tuesday March 08, 2022 @12:39AM (#30596809)
Socialist countries and dictatorships also agree with you that inflation is good. It's not a greedy capitalist thing, it's a 'greedy people in charge of the money' thing. Inflation is theft, and the rich protect themselves by buying stuff that basically tracks inflation. The poor get run over.