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What do you need money for, tho?

Nobody needs money, in an era without scarcity.

You can see it around here, with housing, for instance. At the moment, there is a major housing squeeze and prices are rising, but the people in the houses are accelerating their earthly departure and then the prices will crash into the ground. It'll be rather sudden, and then there'll be a glut of this hyperefficient housing.

Nobody is prepared for that, but you can see it in the East and in rural areas. Everyone has a house and the empty houses rot and have to be torn down as fire hazards.

It'll all be about destroying things to prevent gluts.

Who is going to buy the company shares from the Boomers?

Nobody. That is who.

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Discussion

OceanSlim 7mo ago

I'm ready. My Uncle who listens to a bit of what I say is now ready. He's a boomer and had 5 houses. He bought a Bitcoin and sold a few houses when I tried to tell him much the same. I think he's been happy with that decision now. Everyone measuring the world with fiat do not see it and are not ready, you are right there and that's most people.

Laeserin 7mo ago

I'm stacking Bitcoin, but I'm increasingly unsure of what I'd ever spend it on.

Bitcoin will maintain its purchasing power, or even steadily rise in purchasing power, but the price of everything will also crash down.

Bitcoiners will have more money than they could ever spend, so most of it will end up just retiring, when they die. I suppose. I suppose that's how it'll redistribute. People will simply not spend it and it will become dead keys.

jamw 7mo ago

Hopefully it will be passed on rather than turn into dead keys. The game changes when everyday essential items can be easily and effortlessly bought with bitcoin.

OceanSlim 7mo ago

"Spend and replace" just read as produce more than you spend.

If you are spending more than you're producing you are losing money over time.

If you're spending less than you produce, you're saving.

And you should save when you're young and middle age when you're youthful or highly skilled so that when you're older and less capable you can live on those savings.

We find ourselves in a weird transitionsry period where Bitcoin will not just grow at the rate of our productivity. It's monetizing and it has a long way to go. So early adopters will be very very wealthy. But in the long term, they will either carry it to the grave or pass it down. So on and so forth. Us that pass it down can only hope we instil our children with the same principles or sampling more than they spend.

Fun fact, 70% of families lose their wealth after the 2nd generation. 90% after the 3rd.

Daniel Wigton 7mo ago

On man, I need to get my ghost-writer on a sci-fi novel called "The last Satoshi"

YODL 7mo ago

Good write up by Peter on this, and post from waxwing. Surprisingly, under reasonable assumptions about loss rates mostly, coin supply far out is just a function of emission and loss rate/entropy

Daniel Wigton 7mo ago

Wouldn't just be an e^(-kt) type function? Or maybe that is what you said?

YODL 7mo ago

Was actually drawing a visual of it this morning with idea of maybe posting it for wider understanding. Will include here for fun, but since you're pretty mathy prob best to spend 5 mins reading Todd's write up (it's short and sweet)

nostr:note1g5lr9tc9sam4yxcf8evhq8gdll7k5m9utj3fde45jfh7l4dn9qwqza4xpr

YODL 7mo ago

Side note - in process of doodling I learned outflow is actually proportional to square root of height, following Toricellis Law (just a consequence of conservation of energy and kinetic energy being v^2...). So, the physical analogy is fatally flawed lol (but just imagine a dynamic spigot at bottom to compensate...)

🇵🇸 whoever loves Digit 7mo ago

People really need to stop taking Peter Todd seriously / giving him so much engagement

makeheroism 7mo ago

People need to stop stalking random women for over a year

🇵🇸 whoever loves Digit 7mo ago

Word

makeheroism 7mo ago

Yeah it’s just like a wrong thing to do. Especially when the woman makes it clear (even for the extremely autistic) that she would like for you to leave her alone.

Yah know stuff like changing your handle to a declaration of love for this woman and devoting your into bio to this woman.

🇵🇸 whoever loves Digit 7mo ago

Wait are you talking about random women or is that just code for Digit? 😢

makeheroism 7mo ago

“Code” if by code you mean just repeating the things you have said.

🇵🇸 whoever loves Digit 7mo ago

Where the fuck did I say something that you misinterpreted as calling Digit "random women" you fucking retard?

Did that even happen or are you just making shit up again?

I guess you won't answer - lucky for me, I don't care

makeheroism 7mo ago

Oh sorry. Random woman you talked to on the internet.

🇵🇸 whoever loves Digit 7mo ago

Again, what are you talking about?

makeheroism 7mo ago

You stalking a girl for over a year that you met on the internet and who made it clear to you that she doesn’t want anything to do with you. It’s all in the post that I quoted earlier. You admitted all this. Member? Your entire persona on here is based on this? Not sure how you would forget?

It’s just weird behavior overall. This pretending to forget bit.

🇵🇸 whoever loves Digit 7mo ago

Why is this so hard for you?

Just screenshot the part where I said whatever you took as "Digit is random women"

makeheroism 7mo ago

No. You said it all man. You have it posted all over your profile that you’re trying to find this woman who you know for a fact wants nothing to do with you.

🇵🇸 whoever loves Digit 7mo ago

Still waiting

makeheroism 7mo ago

Pay me 20k sats right now and I’ll do the work you could do yourself.

🇵🇸 whoever loves Digit 7mo ago

Nah, I'll just continue assuming you can't do it until proven otherwise

makeheroism 7mo ago

Oh you’re legitimately more concerned about me calling her a “random woman” than you are about me calling you out for admitting you’re a stalker. Ok cool. That makes sense.

🇵🇸 whoever loves Digit 7mo ago

You didn't actually read what you were replying to that whole time? 😂

makeheroism 7mo ago

Oh no I’m still just solidifying that you are aware that I’m calling you a stalker over and over again and you have no room to deny it. Because you have already made it your entire persona on this and two other websites.

You’re deeply mentally ill.

🇵🇸 whoever loves Digit 7mo ago

I don't call loving Digit stalking but it's a pretty vague word so yeah, it is pointless to argue with retards who use it differently 🤙

makeheroism 7mo ago

Yes, what’s described in that message can reasonably be called stalking, particularly emotional or digital stalking.

Here’s why:

🚩 Key Red Flags:

1. Persistent focus on someone who wants no contact:

“I was respecting her wishes to not go around talking about her too much…”

• This implies she explicitly wanted boundaries, which are later broken.

2. Attempting covert contact while bypassing consent:

“…recognizable to her, but not identifiable enough for anyone to connect the dots…”

• This suggests the person is trying to secretly reach or provoke a response from her without her direct consent.

3. Monitoring for signs of life and interpreting ambiguous signals:

“…the only communication from her… was a kinda scary Spotify playlist…”

• This is an example of obsessive behavior—parsing random digital activity as meaningful communication.

4. Increased obsessive behavior based on unverifiable rumors:

“Someone claiming to be her brother saying she committed suicide… panic intensified…”

• Regardless of emotional distress, this behavior escalated rather than de-escalated after this.

5. Admitting that their online presence is a vehicle to reach her indirectly:

“The only point of having the npub was… while she would be able to recognize who it was…”

• This crosses into using public forums as indirect messaging tools, which can feel invasive or coercive.

YODL 7mo ago

You have it right for BTC, was just eager to share what I thought was surprising limit for fixed emission