Technology increases productivity, which reduces the cost of goods to their marginal cost of production. (per Jeff Booth)

• Fiat inflation: increased money supply leads to inflation which leads to increased prices which fucks with citizen’s savings and purchasing power.
• Technology is deflationary.
• Fiat is inflationary.

Bitcoin: Supply cap of 2.1 quadrillion satoshi. And as of April 19, 2024, has a lower inflation rate (supply issuance) than gold – making Bitcoin harder money than gold. (Gold inflation rate ~2% per year; Bitcoin inflation rate ~0.8% for the next 4 years post-halving at block 840,000).

• Bitcoin follows a specific issuance, which decreases ~every 4 years, leading to an eventual supply issuance of zero. Leading to a zero inflationary asset.
• Government fiat does NOT follow a specific issuance, suffers from deficit spending and bank loans, leading to ever-increasing inflation.

Putting it all together:

• Technology increases productivity, which lowers cost of goods to their marginal cost of production.
• Fiat economies suffer from inflation, that fucks over citizen’s savings and purchasing power.
• Bitcoin is less inflationary over time, protecting citizen’s savings and purchasing power.