https://v.nostr.build/t93j2EMARiJvaR84.mp4
Bitcoin is going to change the way the economy works⚡️
Check out this Future Proof clip!
Let me know if you agree or why you disagree
Discussion
Completely agree. People are over estimating A.I.'s potential and way underestimating what a sound money can do for society. My wife and I are interested to see how this plays out over the next few years in El Salvador. No debt and sound money is legal tender? We might have to make the trip down there from Canada to check it out.
I disagree. The last 100 years have proven that technological progress is also possible without a sound money.
in my opinion it's one of many factors and all else being equal a sound money would probably improve results. But positive results are still possible with suboptimal money if other factors are positive.
Would you say they are positive if the "technological progress" is the result of a debt riddled society that is centralized and controlled by a small number of people?
Our food is worse, our medicine is worse, our general health is worse, we are less in shape and more addicted to things than ever before.
That said, we can move faster and communicate better than ever.
I think nostr:nprofile1qqsyx708d0a8d2qt3ku75avjz8vshvlx0v3q97ygpnz0tllzqegxrtgpzpmhxue69uhkummnw3ezumt0d5hsvge3uc makes a great argument that the bedrock for all the innovation that has happened in the last 100 years was laid in the time of sound money (gold). I think what supports that is seeing that true innovation has seen a massive decline during the fiat era.
Given enough time sound money will take us to the stars. Given enough time fiat will take us back to the stone age.
I agree. The reason that bitcoin is so transformational is that it will allow the world to get back to having a standard non-debasing measurement of value so that the all-important price system can allow economic calculation to finally actually be efficient. 
The Fiat dollars flooding the world over the last 50 to 100 years have distorted the market and caused misallocation of capital in ways that no one can even measure. While we have had technological progress during that time, just imagine how much more progress we would’ve had if the progress had been built upon a substrate of sound money, it’s crazy to think about