travis's avatar
travis 2 months ago
Agreed. A.I. will accelerate the enrichment of Bitcoin holders because Bitcoin is a free market that allows technology advancement to create price deflation and increase purchasing power. On the contrary, A.l. will accelerate the impoverishment of fiat holders. Because the fiat system cannot have deflation, technology advancement means that larger and larger amounts of money must be printed to counteract its deflationary pressure.

Replies (1)