{"type":"rich","version":"1.0","title":"Hanshan wrote","author_name":"Hanshan (npub1lx…6svxa)","author_url":"https://nostr.now/npub1lxzaxzge0jq9u9cecucctdt5lslwgp7hcxmp2l0wn8r2ecjenwasu6svxa","provider_name":"njump","provider_url":"https://nostr.now","html":"There are a number of reasons but the obvious one is that deflationary conditions disincentivize economic investment.\nWhy should anybody start a business or invest in one when their money gains value just by sitting there?\nParticularly trying to create an environment which is *as disinflationary as possible*\n\nWhich is something bitcoin maxis get really excited about (because it makes them richer)\nYou see that behavior already, there's a lot of inertia to creating a Bitcoin circular economy because most people prefer hodling to spending.\n\"muh generational wealth\""}