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Bitcoin only - #grownostr - #turkce

Had a #bitcoin cake at our meetup in İzmir, Turkey. It even had a lightning layer.

A type of inflation that is never considered is inflation in variety of goods and services as well as lower depreciation times of goods.

Ex: Rotary dial phones, you would get one and didn’t have to change it for long years. They would also cost under 5% of current smart phones. New devices depreciate in battery, technology and etc.

Similarly with household goods such as refrigerators etc, they used to have copper wires wrapped around their motors. Nowadays aluminum wiring is used and it’s life cycle is much lower. So you need to change your household goods which are under the category of ‘durable’ goods much more frequently.

Simply stack those sats pull them out of exchanges and watch them go berserk on money printing prior to elections. I feel like while we will have lowering of interests and halving happen around same dates.

Shipped my machine today.

First of its kind, no single person used a machine for this process before, aka there is no second best :)

Cantillonaires vs non-cantillonaires

Productive ones will win.

#wtfhappennedin1971

Let’s meet at Nusret Istanbul one day. Nusret’s big brother is the chef there and picks the best cuts for me.

GM.

Having some V60 brewed Ethiopia beans this morning.

#coffeechain

Fiat and depreciation of purchasing power led to this. Similar in Turkey. Rent is ridiculous, life is expensive, minimum wage is around $420 (a minimum wage earner can only buy 43 Big Macs a month in McDonalds Turkey) and 40+% earn minimum wage.

People are not incentivized to work to build up their lives. They are incentivized to waste time.

As 1 Bitcoin = 1 Bitcoin more and more people who are working and productive will start to save in #bitcoin. And the rest can live with their parents and collect their UBI’s. nostr:note14k49z5v37njpa9g6327nps03x7k7f03vgfvfzhav92gfmqe9jgeqkq5ght

Happy #wtf1971 day.