"An increase in merchant acceptance, ceteris paribus, does not increase the value of the coin. Therefore, an increase in merchant acceptance does not increase the value of the coin."
I think this is the fundamental confusion.
Post by twetch#6218
the reason is that the last stage meaning spending still matters in terms of quality and user experience. the higher the quality the more reason you have to use that money as savings.
What the chain says
- Block
- 635 657
- Time
- 2020-05-20T00:12:12Z
- Signer
- 1BznocN5GBZAtwoNovvDtP2mFnrzyvhTUP
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#6218
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1BznocN5GBZAtwoNovvDtP2mFnrzyvhTUP Verified