Global Feed Post Login
Replying to Avatar GRANTGILLIAM

"Under a Bitcoin standard, earning bitcoin today will generally require less work than earning the equivalent amount of bitcoin in the future. Said another way, for the same amount of work you will earn less bitcoin in the future. This will emphasize the opportunity cost of foregoing bitcoin today for the prospect of bitcoin tomorrow (which will be harder to earn). When the objective is to accumulate as much of the 21 million fixed supply as possible, this will become a forcing function on a company's mindset for evaluating investments in growth."

https://ten31.vc/insights/investing-in-bitcoin-infrastructure

Avatar
Kontext 1y ago

This is why a deflationary system does not impede innovation; but rather accelerates it

This is why the prominence of credit will fall in orders of magnitude

This is why valuations mean nothing; and cashflow means everything

This is why Bitcoiners work hard.

nostr:note1kkm50xh3j646h9k5cpd9dhe8zkv8d32ag59fj766947hthwq074qwljhpx

Reply to this note

Please Login to reply.

Discussion

No replies yet.