Yay thank you so much! Will check ‘em out!
Me too! I’d make an account ages ago but it got lost in the shuffle. That panel made this forum feel profoundly purposeful. I left social media years ago and with few exceptions have rarely looked back. It felt like unscrambling an egg, mentally, to drop out (kinda like putting Humpty Dumpty back together again). But talking about that always felt preachy without an alternative that combats the real problem. And here we are! So grateful for those who not only know THAT we need this, but - unlike me - HOW to get it done. 🙏❤️
Hey nostr:nprofile1qqsw4v882mfjhq9u63j08kzyhqzqxqc8tgf740p4nxnk9jdv02u37ncpz4mhxue69uhhyetvv9uju6mpd4czuumfw3jsz9nhwden5te0wfjkccte9ec8y6tdv9kzumn9wsq3yamnwvaz7tmsw4e8qmr9wpskwtn9wvql3tqm. Can I ask for help with something please? I'm not very versed in economics but I noticed this in Michael Saylor's presentation and I was wondering if I'm right or if I'm missing something:
So according to saylor, if you have 6.5 coins (or whatever amount) would could potentially have a crazy amount or Dollars in 20 years.
But my problem here is that - the reason why you may have millions in 20 years because the dollar is worth less (inflation) than 20y ago. In other words, it's the same bitcoin value, but the dollar just isn't worth shit and you need 1 million to buy milk.
So, when he says you will be "wealthy" that's not really true.
This insistence is measuring the value of bitcoin in dollars seems futile in the long run. It seems to me we should perhaps use gold as it's depreciation is far more stable and maybe say 1btc = 20 gold coins and in 20 years 1btc = 23 gold coins.
Does any of this make sense? Sorry for the long paragraph. I really appreciate you patience to read it.
Jeff Booth makes a similar (though not exactly the same, if I remember correctly) point in his recent interview with Natalie Brunell, which I highly recommend. I think the point Saylor is making is that you WILL be enormously wealthy, in terms of purchasing power and holding the hardest asset on earth, but he’s probably using USD to make the point sensible/comprehensible for a wide audience. It takes a number of rounds and some mental yoga to get to the point where Jeff’s approach really lands. If that makes sense?
Just got back from BTC Nashville! Trying to wrap my head around nostr and am excited by the prospect of Nostr addressing the key threats articulated by Snowden, who was powerful and profound but unnervingly short on concrete recommendations beyond “work together.”
I am passionate about invigorating the creation of so-called “third spaces” in real life, a la Putnam’s “Bowling Alone,” and am really excited to learn more about how nostr and Fedi can help bring these about.
I spend two weekends a month (approx) getting to know recounting voters and understanding their feelings and priorities. It’s humbling, and a constant reminder of the breadth of human experience about which we are each - by definition - relatively ignorant. I really want to break open the false binaries; people are awesome (proven to me for the millionth time in Nashville) but we so rarely encounter each other in an unmediated way.
#introductions