• Kecessa@sh.itjust.works
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    3 months ago

    But deflation pushes people not to spend their money and crypto with a fixed supply is in fact deflationary since the accessible supply goes down as people lose access to their wallet for one reason or another.

    Also, crypto value and crypto prices of items are based on the comparable fiat value so yes, getting in at the right time makes a huge difference.

    In the end crypto bros just make it so there’s still rich people at the top, they’re just not necessarily the same ones.