Subnostr

I challenge everyone who zaps a standard amount to keep their zaps the same nominal amount until the 2032 halving.

I zap 1000 sats.

If BTC is $500K, that’ll be $5⚡️

If BTC is $2M, that’ll be $20⚡️

Funny, it will likely be much more, because I think $20 in 2032 will likely be worth only $1 or $2 in todays terms. That would suggest 40% real average inflation every year... or more realistic, that’s 10% per year for 7 of those years, and then 2 years with around a 200% average.

Just for comparison: US debt is ~$33T, and unfounded liabilities are around $100T. For those to match during the same period it would require 12-15% average yearly inflation. My assumption is that if inflation is that bad for multiple years (which it may have to be) and #Bitcoin exists alongside this, there will be an aggressive period of partial demonetization of the dollar, causing the 100+ percent inflation zone)

Understand I don’t think this will necessarily be measured in CPI (it’s a shit metric), I think it will happen in the broad money supply. Massive technological growth could make this really hard to see.

So if 1 BTC really equals 1 BTC, then keep zapping the same amount 😂

Leo Wandersleb 2y ago

I'm worried a bit about the privacy in zapping. I remember when wallets were still single-key and you could see how much people transacted and years later that data doesn't go away. To see somebody was moving around hundreds of BTC with the same wallet he just paid a coffee with ... can get dangerous.

So now we tally up zaps received (but not yet zaps sent) and in a not so far future, those top receivers will look like ultra rich.

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Discussion

nolim1t 2y ago

Very true and that’s why we don’t use real life identities with nostr or we keep our social circle very small.

Celebrities should make enough ⚡️ to hire a private security detail or maybe mini army.