Bitcoin (the whole system under that umbrella) has not addressed even half of what is necessary to be money for the world.
Bitcoin + Litecoin + Doge + Chainlink comes closer.
So, right now, i can't be a bitcoin maxi, because it just doesn't work.
However, i do believe that bitcoin will be the ultimate financial asset.
And, that in itself will be a great thing to hang everything else from.
Or, bitcoin is the thing everything is priced in, but no one really uses bitcoin.
Inflation is a weird monster.
You know, everyone wants to get a raise every year. And that is inflation.
But the real killer is we make a T-shirt for about a ½ hour of labor, total. When, just 200 years ago, it took people, about a week to make one "T-shirt", after they had the cotton. Then add in growing cotton, and distribution, and a T-shirt could be two weeks of someone's labor.
Now, that is thrown in with deflation, but if we define inflation as only financial, then we need to be strict with the term deflation also.
So, we really need to work on these terms. And work out the consequences, both first and secondary orders.
And, we are going to have to work on understanding usury, because we are going to have to eliminate it, and also the other things that cause money to contract, when we do not want it doing so.
RE: It's an Investment: Bitcoin Maximalists do not Understand Inflation