We've witness deflationary forces in computer hw for decades and no one is holding off their purchases. Time is scarce and it ultimately forces consumption because otherwise, what would you be saving for?
Don't need Econ 101 to understand this basic reality.
Well there is a difference between people not buying anything at all and being significantly less than they are now. Consumer goods and services is only the tip of the iceberg.
How much do you think debt would cost and how easy would it be for businesses to get credit?
Combining a deflationary currency with a growing (or at least non static) economy is bad a everyone who has a basic understanding of history prior to the 1930s can see that. Something like bitcoin would be even much worse than the gold standard.
You're forcing business to produce something valuable in real terms instead of nominal terms and you're making that calculation easier to do for economic actors because the measuring stick is now controlled by an algorithm as opposed to charlatans.
Having less of that garbage fiat short-termism is a good thing for society.
Yet having more of endless boom and bust cycles with major economic depressions lasting for years (outcomes of the gold standard was a good idea).
> You're forcing business to produce something valuable in real terms instead of nominal terms
I don't quite understand what does that mean. Pricing goods in oil or grain? (coincidentally either of which would function better as a currency than bitcoin).
Computer hardware isn't trying to be currency. Bitcoin was supposed to be, but hardly anyone who uses Bitcoin these days is using it to buy things--it's used as a store of value or a speculative asset, not a means of transaction.
What you are describing is a false dilemma, believe it or not, it is possible to have both performance, maintainability and correctness.
To have performance, you have to understand the data you are working with and how it can transformed efficiently by your hardware. To have maintainability you have to create good abstraction around how you transform your data. To have correctness you have to implement and composite those data transformation in a meaningful way.
And to have all that with budget and time constraints >90% of SW development is faced with is unrealistic - so guess what - performance is the first tradeoff. Which is why people here lamenting on performance being like this holy grail feature are out of touch with the realities of SW development.
Budget and know-how is the limiting factor here. You can invest in all of the quality criteria. But is it sustainable business wise?
Game developers usually and rightfully skip maintainability and invest barely enough regarding correctness. Games are like circus performances while business apps should be made to run the circus.
I was wondering if I was the only one having that issue. It's a shame no other company in my area offers 1000Mbs duplex because when it does work, it's great.
Don't need Econ 101 to understand this basic reality.
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