You're basically making the argument that every investment is automatically going to fail.
Terrible take.
No, @edicted, I didn’t say that – that is what you said. I said one simple thing – you cannot expect inflationary currency to grow against deflationary one.
Meanwhile Bitcoin isn't even deflationary.
This means you really don’t know what inflation and deflation means.
And BTW, I didn’t say all of this to defend Bitcoin. It doesn’t care about what you think of it. I said it so the people does not expect Hive ever goes stronger against Bitcoin. IT WILL NOT HAPPEN. This is the trend:
1st time $BTC hit 70K, $HIVE was $0.432
2nd time $BTC hit 70K, $HIVE was $0.438
3rd time $BTC hit 70K, $HIVE was $0.305
Now $BTC hits 70K for the 4th time, $HIVE at $0.193
https://hive.blog/hive-124838/@themarkymark/re-peaksnaps-sm5pdp
And it will inevitably go down.
Bitcoin has a block reward of 3.125 BTC every ten minutes right now.
This is the INFLATION rate.
You're embarrassing yourself.
Deflation means that Bitcoin would be burning currency on every block.
You clearly don't understand what it means.