Replying to Avatar Pleb⚔

After seeing Rune Ostgard and Jeff Booth talk about deflationary economy where wages will need to go down as the purchasing power of money/bitcoin will go up

Normie workers won't be able to digest this and company will have difficulty regarding this.

I wonder how salary will need to be agreed upon in a hyperbitcoinization world.

Maybe we will have an index of certain things like rice, potato, meat, wood, etc and then the salary will use that index as the basis of how many bitcoin they need to pay to the worker

Wdyt plebs?

#plebchain #bitcoin #deflation #inflation

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Al 2y ago

I don't think there is any need for any form of central planning. Certainly, wages are increased much less and less frequently.

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