<oembed><type>rich</type><version>1.0</version><title>vinney...axkl wrote</title><author_name>vinney...axkl (npub19m…8axkl)</author_name><author_url>https://nostr.now/npub19ma2w9dmk3kat0nt0k5dwuqzvmg3va9ezwup0zkakhpwv0vcwvcsg8axkl</author_url><provider_name>njump</provider_name><provider_url>https://nostr.now</provider_url><html>Worth keeping in mind: if  the Bitcoin maximalists end up being right about big print debasement, the most likely scenario, even in that world, is that your life just stays the same while everyone else&#39;s fiat life becomes extremely unaffordable. You buy the same 10 eggs today as you do after the big print, but everyone else can only buy one egg.&#xA;&#xA;it&#39;s less &#34;you get richer!&#34; and more &#34;you don&#39;t get poorer&#34; or at best &#34;you get relatively slightly richer&#34;.  &#xA;&#xA;And that&#39;s not accounting for the massive inflation in capital gains that you still would be paying, with taxes levied on **nominal gains**. A 10X Bitcoin due to debasement is a real gain of zero, But a 9X capital gains tax.</html></oembed>