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> it is always deflationary

Except for the fact that it is currently, and always has been, inflationary.

You need to learn more about economics.

Inflation/Deflation is a separate phenomenon than rising/falling value — though they are sometimes related.


> converting to a different currency, sending money, and converting it back

No need if you earn and spend it.

> You also get the volatility of bitcoin

Absolutely true in the short term, absolutely false in the long run. Bitcoin's volatility has statistically declined as its usage has increased.

> using it for a simple USD->USD money transfer is like using a jackhammer when you need a scalpel

Cannot argue there. The key is to stop using USD whenever possible.


Millions of people collectively losing hundreds of millions of dollars a year is less than $1/month individually.


We left all three open for commenting, which we've now disabled.


If you're suggesting accounting should be associated with deceit, you've got the cart pulling the horse!


I assume this is a joke, but if not, let's discuss.


Though the headline is obviously doing its job, I'm just not willing to swallow the presupposition that developer people exist in the same way that male and female exist or that Asians exist. Developers as they are called are just people with a range of skills, and the same goes for accountants. I even heard a good accounting school has a program for accountants with a proclivity for programming.

I admit the title isn't absolutely fascist, racist, or sexist, but it is some kind of ist, and it is annoying. Maybe accountants, with self congratulatory pride in their profession, feel the urge to divide the world up into neat little categories?


Are you suggesting that nobody should class themselves as a developer, and/or that as self-identified developers, who I can agree are just people with a range of skills (and I never suggested otherwise), we should not attempt to write a document attempting to explain accounting to other self-proclaimed developers, who, in our decades of experience, tend to have certain viewpoints, vocabulary, and interests in common?

Finally, while I'm delighted that you agree the title isn't absolutely fascist (which you never claimed in the original post and suggest in your response it to be partially), racist or sexist, I'm entirely baffled as to why you felt compelled to post a comment stating it in absolute terms in the first place.


Did you say decades of experience? Oh. Ok. Nevermind.

I'm just asking myself why not write about accounting, and let the reader decide what group he or she belongs to. The answer is clearly something like, we need a good title.


Subledger would love to help you build that!


Thank you, could not have answered this better myself!

Also, it's by-developer, for-developer, so there's a developer's perspective as well. :-)


Thanks for your input!

We never intend to be competitive with the product layers you've described.

We've deliberately built Subledger to enable other developers to build focused custom accounting applications above us. :-)

We believe it's time to move beyond one-size-fits-all approach to accounting! :-)


Exactly correct, very nicely said!


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