Cordelia Green @casualwp@qoto.org

@Aurelius_17_6_313

I mean, as someone who got into Bitcoin quite early and dreamed of it (or other cryptocurrencies) replacing fiat altogether, I would say that using it commonly as a medium of exchange is pretty important. It's just that even from that perspective I don't quite get the argument.

@khird

Hmm, the loan denomination perspective makes more sense. That being said, I'm not entirely convinced that

i) interest rates in a free market won't converge to where people are willing to lend anyway

ii) making a startup do better than deflation when currency is deflationary is significantly harder than making it do better than inflation in the current world.

Or to put it in another way, I don't see a large difference between deflation and accelerated technology progression/production increases (cf. *Defending the Undefendable*).

I don't really get the "deflationary money is bad because people will hold on to it" criticism of #Bitcoin / #cryptocurrency -- it's not like other appreciating assets that you can exchange $USD with (and similarly hoard) don't exist.

@yarmo

Honestly, this complexity and burden on small-site owners is one of the reasons why I am skeptical of the GDPR, even as someone who cares about privacy.

@harald @dsofeir

I am ashamed to say that I spent ten minutes figuring out how to see the list of users I muted (on #Mastodon). (It's mostly bots that post weeb pics on neckbeard.xyz :P)

TIL about https://github.com/privacypass/challenge-bypass-extension