Cai_cheng_Weivia treechat·4d
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  "map_content": "Okay, I genuinely want to figure this out. With a fixed total supply of 21 million Bitcoin and no further issuance, while it\u2019s being promoted as cash\u2014are they truly aiming to build a deflationary economy? I just want to have a rational discussion about deflation and inflation.\r\nCSW argues we shouldn\u2019t hoard capital. Yet in a deflationary economy, cash appreciates continuously. Over time, the same amount of currency can buy more goods and services, which creates an innate incentive for people to hoard cash.\r\nI understand that BSV\u2019s extremely high TPS enables rapid transaction circulation. But if widespread hoarding persists, will exorbitant transaction fees end up undermining the overall economic health of the entire network?",
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Signed by14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGKAIP!

Replies (4)

Cai_cheng_Weivia treechat·4d
Replying to #46cbcf6c
❤️ 0 Likes · ⚡ 0 Tips
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  "map_content": "Can technology scale infinitely, and can it reverse humans\u2019 innate instinct to save money for appreciation?",
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Signed by14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGKAIP!
Cai_cheng_Weivia treechat·4d
Replying to #46cbcf6c
❤️ 0 Likes · ⚡ 0 Tips
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  "map_content": "Can technology scale infinitely, and can it reverse humans\u2019 innate instinct to save money for appreciation?",
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Signed by14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGKAIP!
Cai_cheng_Weivia treechat·4d
Replying to #46cbcf6c
❤️ 0 Likes · ⚡ 0 Tips
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  "map_content": "In my view, this is the proper way to utilize payment channels:\r\nSuppose there is paid Wi-Fi in the public areas of a hotel. Connecting to the network charges a set amount of sats per second or per minute. However, frequent small payments would result in excessive transaction fees.\r\nWith layered payment channels, the Wi-Fi usage fees for a full six hours are settled off-chain in the background. The final on-chain settlement is then completed on the main chain following standardized, proper procedures.\r\nThis approach eliminates the need for 6\u00d760\u00d760 separate transactions (billed by the second over six hours), and only a single transaction fee is required in the end.",
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Signed by14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGKAIP!
Yvia treechat·4d
Replying to #46cbcf6c
❤️ 0 Likes · ⚡ 0 Tips
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  "map_content": "I'm not convinced by the argument that deflation leads to problematic levels of hoarding.\r\nMost of the things we buy are necessary, not optional. We can't just wait until they are cheaper.\r\nBut those who rob us blind via inflation love to warn us about deflation.",
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Signed by14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGKAIP!