I’m thinking of people who live from paycheck to paycheck.
If I am understanding correctly, also for them daily living will gradually become cheaper, as wages decrease slower then prices. Purchasing power goes up.
So, even if they have no opportunity to save today, they might be able next year. And gradually the available amount to save will increase, next to the purchasing power of what is already saved.
It sounds like a hopeful future for everyone. Is it realistic to think this will ever happen?
If I listen to Michael Saylor for example, he seems to approach Bitcoin only from the fiat perspective. As of like Bitcoin will always be part of an inflationary world.
Maybe this was not the initial utopian idea behind Bitcoin, but as of things are developing right now (with Microstrategy, the Blackrock’s and government stashing BTC’s), this seems to be a more realistic scenario than a deflationary future.
I’d love to hear your thoughts about this.
Thnx