The Quality of Money
A must read by every Bitcoiner.
When economically illiterate dev syndromers like
@murchandamus indicate "what is spam?", or when
@peterktodd signals that 'more than 21 million Bitcoin is a good thing, despite reeing from Maxi's', and he's not ostracised from Bitcoin conferences forever more etc...
... Even without any code actually changing (clearly for the worse re: v30), they can still negatively impact the quality of Bitcoin as money...
All the insane amount ofπ©'s from bCore send a very clear signal as well, and anyone denying this is fact is utterly delusional. Pro tip: it's a counterfactual claim (all else being equal), not an empirical one. How much of a negative impact, up for debate, but it is still negative.
In the very same way that: ...
HT:
@mises (Quarterly Journal of Austrian Economics,
mises.org/quarterly-journal-β¦)