@ChoiceThoery @zooko @SriniSurasani Reality is made up of hard-to-vary explanations. If someone says “here eat a pound of grass, it’ll cure your common cold,” one doesn’t need to eat a pound of grass because it’s an easy-to-vary explanation. Bitcoin is a hard-to-vary explanation about money.
@pourteaux The cost of transacting is not what constitutes stable store of value and adequate security model for a currency. Take Adenosine triphosphate for example. Though, ATP does have ♾ inflation. Perhaps it’s time to start criticizing deflation now, or BIP-119 to make it optional.