Happy New Year 🎉
Momma loves the beach and the ocean as well as Sequoia National Forest.
So I draped a beach/ocean wave shower curtain over the front of the TV stand. And the Redwoods shower curtain is behind the TV on the wall. Good combo.
#interiordesign
Technology is deflationary.
Productivity-driven deflation is good.
It’s how computer storage went from:
$100 Billion per TB in 1956
to a measly
$100 per TB in 2023
https://x.com/levie/status/1873527382637977905
I didn’t choose the euro.
I didn’t choose the dollar.
I didn’t choose the pound.
I didn’t choose the yen.
I didn’t choose the ruble.
I didn’t choose fractional reserve banking.
I didn’t choose central banks.
I didn’t choose money printing.
I chose #Bitcoin. 🚀
- Nyke Nakamoto
Which one do you like?
Top
Middle
Bottom
"#Bitcoin is opt out technology" as I heard nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle explain it on a podcast
“As long as the network remains decentralized and secure.”
- nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe
T-shirt design
Digital Scarcity + 21 Million with #BTC ₿ and #Bitcoin features wheel
Digital Scarcity #Bitcoin t-shirt design
#designstr
“The natural state of the free market is deflation. That’s the world you *should* live in – a free market with faster and faster [productivity-driven] deflation. And the only thing measuring [that free market-based deflation] is #Bitcoin.”
- nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe, interviewed by Natalie Brunell
Enjoying this House music mix
Which “Don’t Trust, Verify” version do you like?
21 Million
Node Runner
Rules Without Rulers
Everyone is obsessed with Bitcoin’s price in USD, but USD is a terrible unit of account - its supply is heavily manipulated.
Measuring Bitcoin in USD clouds the real-world value of things. While it’s convenient, people need to understand this error.
Jeff explained this brilliantly. Hope people are paying attention.
Great podcast nostr:npub16le69k9hwapnjfhz89wnzkvf96z8n6r34qqwgq0sglas3tgh7v4sp9ffxj and nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe!
^^^
What I’ve learned from nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe:
Just dropping the rate of inflation to zero does not tell the whole story of fiat monetary debasement.
Productivity-driven deflation puts the real price of items at *below* zero inflation.
5% below zero.
10% below zero.
15% below zero.
All prices are falling, exponentially.
We just don’t see falling prices because inflation is a mountain of dirt that’s filling in the valley of technology-driven savings.
1913 Sears & Roebuck catalog:
- House kit (like IKEA, you gotta put it together)
- 1,800 to 2,500 sq ft
- 2-story; multiple bedrooms
- $2,000 - $2,500
nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe, author The Price of Tomorrow:
“Because of productivity-driven deflation, this same house should cost LESS than it did in 1913.
“Why?
“Because all of the lumber, glass, nails, concrete - all the materials; everything - has also experienced productivity-driven deflation due to advances in technology.”
