/biz/ - Business & Finance

>>50461016
this is fun... have you guys heard about John Nash and the ideal money theory?

the gist of it is that ideally money has 0% apparent inflation, but long enough term 0% actual or asymptomatic inflation is just as good. and everything else will trend towards 0% volatility to the ideal money.

which in case of fiat means treasuries holding bitcoin in fractional reserve the game will eliminate bad currencies long term, and it also translates to altcoins. good alts have 0% asymptomatic inflation and will trend to 0% volatility compared to bitcoin.

this creates an interesting market where inflation if both 0% and infinitely elastic (because new alts pop up when there is demand for more money)

we will see, but check this chart out...