Opportunity costs have been mispriced for decades. Bitcoin will reset how people think about opportunity costs (driving them significantly up). All resources (time, energy, capital) will be much more efficiently utilized in the future as a result.

Reply to this note

Please Login to reply.

Discussion

Btc forces you to ask “why do I own what I own?”

So totally agree from an financial capital allocation

What’s also fun is to consider the impact on relationship & skill set capital

Who do hang out with? What skills do we learn?

The landscape is forever changed…

One thing I'm hopeful for is the obsolescence of planned obsolescence. People will be reluctant to spend their valuable bitcoin on low quality products, forcing companies to make long lasting products to stay competitive. Consumerism will go down, people will own better stuff and have more savings.