“Hardness of money acts as a control knob for time preference.” - nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak
Incredible conversation in yesterday’s episode of #WhatBitcoinDid between nostr:npub16le69k9hwapnjfhz89wnzkvf96z8n6r34qqwgq0sglas3tgh7v4sp9ffxj and nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak has gotten me even more fired up for what Bitcoin has to offer to our world’s many ills.
Some mindblowers from the chat:
- the measure of Bitcoin’s success as money is equivalent to its market cap and value
- wars since 1914 may have never happened, if it wasn’t for the (shit) Fiat system created
- to kill Fiat, we have to move world’s wealth into Bitcoin and Gold. As simple as that
#TheFiatStandard and #TheGoldStandard are still the two books by Saifedean I am yet to read and this episode definitely pushed me over the edge. Just purchased an audible version of #TheGoldStandard.
Check it out! You won’t regret it!
Fountain link: https://fountain.fm/episode/00YfK981trAHGGjaQ0U9
