The BC conference ended with a big elephant remaining in th…

Yes. CSW got rekt on that one. And the crowd was cheering

Now HODL!

No seriously. I think this is worth to be discussed properly. There were all kinds of attempts to create honest money that had a built in devaluation to promote spending.
https://mises.org/library/free-money-miracle
Please comment on this Daniel @24

Craig didn’t answer it well. But it’s an imaginary problem, the one Gilder proposed. People aren’t going to starve hodling. They will spend. They will just spend more rationally.

Here is the link to the CoinGeek conference Day 2:
https://youtu.be/pr2yj2cxpeI

Please watch from 9:20:20

https://twetch.app/t/5b6d0f615dcbb823b0fac44dea296c6dfedeb982c7c6167e9c5216a719acc6d8

imo Gilder is obviously right in that money cannot have a speculative value as it is the measurement of value and needs to exist in of itself.

and it is a FACT the ever expanding money supply encourages spending.

But we are getting keynisian here

inflationary cryptos like ETH and Monero still facing same problem with their emissions because it also trends to 0 over time

GG is right that a more stable PRICE would help adoption, but I think that is only going to happen over time. A single measuring stick (BSV) makes perfect sense, but humans don't always do what is in their own best interests.

Holding is great. You should hold. A money that encourages holding doesn’t discourage all spending. It just doesn’t encourage conspicuous consumption. That’s a good thing.

I mean just think about the implication of what Gilder is saying: “being thrifty is dangerous.’ So silly. He’s getting too wrapped up in the macro to see that saving and holding is common sense advice for everyone.

Craig Wright makes the elefant in the room smaller by explaining as follows about money:
https://craigwright.net/blog/economics/money-is-a-measuring-stick/