Replying to Avatar Luffy

Im a hard money proponent. But I often think of the advances humans have made due to money printing. Some advancements don't have an economical aspect to it and only governments will fund. Blue sky medical, space research, building large hadron colliders etc.

What will advancement look like on bitcoin is not clear to me but I don't think saving is necessarily good for advancing technologically.

I agree with your point on bitcoins time. We have already run the money printing experiemnent many times. Bitcoin is a well worth experiment to run.

If the only outcome of a bitcojn standard was that wars couldn't happen (ie printing = funding wars) I'd say that was a worthwhile outcome.
Avatar
Psilocyberbull 2y ago

I think the ability to directly fund whatever you're interested in will make a huge difference, especially if we're prospering individually

Reply to this note

Please Login to reply.

Discussion

Avatar
Luffy 2y ago

I agree. And on that basis it will mean convincing others to help fund something you believe is important.

I think about all the tech we have in our lives that comes from space. I wonder whether space explorations would have been funded if left to citizens interest.