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Re:El Salvador abandons Bitcoin as legal tender after failed... by llamaimperative on Tuesday February 04, 2025 @01:44PM (#42936764)
No, I'm saying that consumption at subsistence levels and investment opportunities having to overcome a deflation hurdle is bad.

It is very good that the default thing to do with excess money is invest it.

Re:El Salvador abandons Bitcoin as legal tender after failed... by pshan on Tuesday February 04, 2025 @04:00PM (#42938589)
I'm not trying to strawman the opposing side, but I always found it ironic that many of the cryptocurrency proponents I talk to think that starting a business is amazing and innovation is important, but also hate inflation, which encourages those two things.
Re:El Salvador abandons Bitcoin as legal tender after failed... by llamaimperative on Tuesday February 04, 2025 @04:40PM (#42939222)
They'd have to think at least one or two steps further than chart-go-up.