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Waiting For the Fall (lemmy.ml)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 0 points 1 year ago* (last edited 1 year ago)

and Communism

[–] [email protected] -3 points 1 year ago (9 children)

Deflation would actually make capitalism somewhat ok. It would stop people from buying useless shit and automatically reward the poor who can save a little but don't know how to invest. That's why I Bitcoin

[–] [email protected] 1 points 1 year ago (8 children)

Bitcoin doesn't make it OK to get paid just for owning something, it's just less capitalist than dollars. Miner profits tend towards zero with difficulty adjustment, and Bitcoin doesn't pay to stake holders at all.

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