/biz/ - Business & Finance

The only solution to the commie problem is a violent free market hoppean revolution.

We need someone like Pinochet to rise up and kill all of the marxists and implement free markets.

Anything else is tyranny.

An economic overview of Bitcoin value:

Bitcoin is not necessarily deflationary, it is free market, and free market means supply and demand.

Can the demand for Bitcoin be infinite? Yes,

A currency is worth as much as the amount of goods and services you can purchase with it, since our productivity growth tends to infinite thanks to innovation, the value of Bitcoin (the amount of goods and services it can purchase) has the potential to be infinite, too.

Growth in productivity increases demand for currency, economy 101, if productivity is infinite, then so can be the value of a limited supply currency.

Now, don't get me wrong, tt could also be worth 0, again, supply and demand,

Bitcoin is in direct competition with millions of potential currencies, so yes, even if our productivity tends to infinite and our demand for currency tends to infinite, maybe Bitcoin won't be the demanded currency. Today's speculation is based around people who believe Bitcoin can be and people who believe Bitcoin can't be.

These corrections show us that thank god there's no "guarantees" by governments, if there were, the bubble would be unstoppable, thanks to these frequent corrections Bitcoin can have a more organic growth.

>>5917715

>>5918400
Theoretically they claim to support decentralization but we all know a democratic system always ends up centralized as people rally behind the one with the biggest speaker and renounce to their decision power to "whatever the leader says, i say".