Post by twetch#10895

1Pbz4e…uFPA Key · twetch

Did anyone understand what George Gilder meant when he told Craig he thought the supply of tokens should not be capped but that the price should be fixed? I'm still trying to grock how price can not be a function somehow of supply and not getting there.

What the chain says
Block
623 079
Time
2020-02-21T19:35:14Z
Signer
1Pbz4esEs8BGKqqHcNBqm1yEcLdacauFPA
App
twetch
Type
post
Content type
text/plain
Name in tx
twetch#10895

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 1Pbz4esEs8BGKqqHcNBqm1yEcLdacauFPA Verified

Replies (1)

1Pbz4e…uFPA Key · twetch
Replying to@1Pbz4e…uFPA

Even if George was suggesting a price fixed to the most scarce (and precious) resource, time, then it is still dependent on the aggregate supply in the market.