Replying to ede3d957...

What happens in a post USD world when everything is measured in BTC? Against what is BTC supposed to rise? Against itself? This only works because most BTC (fiat NGU maxis) operate on a mental fiat standard.

It's when wrong design decisions will become obvious to more and more people.
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BitcoinIsFuture 5mo ago 💬 1

We will have The Bitcoin Standard. Everything measured against Bitcoin.

Similar to the gold standard but better in every way. Current Keynesian models failed. Inflation is theft. Debt is slavery.

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Saberhagen The Nameless 5mo ago 💬 1

The gold standard had inflation and still does. It's also private and fungible.

It failed as the economy became more globalized because of the cost and burden of settlement. Vast majority moved to IOUs and custodians. Now everyones transactions are ruggable, censorable, and surveilled.

Story reminds me of the current trajectory of this other coin

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BitcoinIsFuture 5mo ago 💬 1

That is why I said The Bitcoin Standard will be better in every way.

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Saberhagen The Nameless 5mo ago

"It failed as the economy became more globalized because of the cost and burden of settlement. Vast majority moved to IOUs and custodians. Now everyones transactions are ruggable, censorable, and surveilled."