You idiot

Fiat currencies are a commoditization of labor

It’s purely investor driven

Take an economics course smh

Deflationary currency is literally valued entirely by demand

Is anything inherently worth anything @PureEvilPie

That's basic economics

Gold is also largely deflationary

money is just a social construct and therefore useless
change my mind

I work in digital banking, it’s more job to look at all this mate. I do know what I’m talking about.

No

You clearly dony

Ok

lets go back to trading 5000 eggs for a castle made out of dirt tbh

You arent providing any valid reasoning to back up your claims

Whereas I am

Except I have, how can you use bitcoin as a currency

When it’s this volatile

It’s impossible

I can and do

Do you have any idea the amount of controls behind stable currencies?

Mostly printing money at key times

Because

Yknow

It's inflationary

A gross oversimplification

Yes

You keep just saying the word inflation as if it just proves you right

That's not what I'm saying

Christ my internet connection is too shit for this on the Eurostar

This is literally just text...

last night i had a nightmare where i was in the apple store buying an imac. I was even adding on extras costing me a fortune for an extra 500mhz and some standard rate storage technology. it was like an outer body experience where i was watching myself be a shitheel and I was yelling at me but couldn't hear myself and then i woke up in a bed full of piss

Inflation be like

Fucking tunnels

what could this mean

An egg becomes thr most valued item in a starving city

Inflationary currency prints money when demand is high to keep the price stable

Deflationary currency increases in value *directly* with demand

Which makes it volatile

As demand is typically volatile

Funny enough if a state will burn some money its value will be able to keep up with inflation