Has Bitcoin's Inflation Hedge Narrative Failed?

in crypto •  2 years ago 

What is inflation?

Has Bitcoin's Inflation Hedge Narrative Failed?

Dylan LeClair moderates a panel at Bitcoin Amsterdam about if Bitcoin's Inflation Hedge Narrative Has Failed with Greg Foss, Jeff Booth, Prince Phillip, and Niko Jilch.

Inflation is not one thing.
There are many different measures of inflation, with monetarist measures, such as M0, M1, M2 and M3, and consumer measures, such as CPI or RPI.
The experience of inflation depends on one's personal situation.
Inflation is also growth. Inflation is profits. Profits become assets.

The whole bankster-created global debt-scam should be fairly simple to see; was even obvious decades ago. If such banksters were humane creatures, then the system need not have been pushed into crisis. But the crisis has a fundamental reason: the fiat game has put real wealth into the hands of the few, and that real wealth is land.

It's an interesting discussion, but it is a Bitcoin conference. I'm no maximanalist. What will happen when the Bitcoin blockchain stops printing coins? Is a zero-sum economic game commensurate with human well-being? Or is it going to be the slavecoin of the zero-carbon dystopia?

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  ·  2 years ago  ·  

When BTC inflation stops, how do miners/processors earn? From fees. Really? We are now at break-even point BTC price for mining.

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