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Something that will really make you think and question things deeper this Sunday afternoon.

According to many… we have a so called “climate crisis” or emergency if you will.

When you boil it down this is fundamentally due to over consumption. Ever growing consumption is what our economic debt based system critically relies on to survive and this accelerates over time.

As this system has evolved, especially since 1971 it continues to punish savers via inflation and through the debasement of their money by increasing the supply of money. This incentivises them to spend and technically over consume.

Savers are valuable to the climate because they are deferring consumption to the future which ultimately would help the climate crisis which apparently we are told is critical avert.

A Bitcoin Standard therefore could effectively help solve parts or all of the so called climate crisis with wide adoption as it would reduce over consumption.

Thoughts?

#plebchain

Bitcoinerbish 2y ago

I def believe this thinking is correct and also don’t believe there’s a crisis. )

Have also thought a lot about the quality of goods and services increasing tremendously on a bitcoin standard because people would be more discerning about when and how they spend. Also in the creation of goods, more work and care would be put in producing less high quality units.

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Discussion

Hodlbec ⚡️ 2y ago

Yeah I was careful with wording because I’m skeptical as well that there is a crisis. Control by fear and all.

💯 agree with you too about the quality of goods. I actually feel like this starts before a BTC standard is adopted as we accelerate towards deglobalisation

Bitcoinerbish 2y ago

Yes agreed