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Bud
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Stack, HODL, Shitpost. šŸ‡ŗšŸ‡ø šŸ”„šŸ”„šŸ”„šŸ’„ šŸš€

Bitcoin trades 24/7, so I think traders sell it because it’s the one thing that’s liquid in anticipation that stonks will nosedive tomorrow and they’ll have to cover margins.

I think Israel and Iran are shooting at each other again.

I’ll believe it when the handcuffs are on. We’ve been rugged 100,000 times since he slithered into politics in 2015.

They literally took oaths that said they serve the Constitution, not some temporary douchebag.

I’m starting to think this stat doesn’t matter.

Thank you for subscribing to Truth Social, so that the rest of us can avoid it like nuclear waste.

Replying to Avatar Lululuna

Helpful thoughts!

Important for the dialogue.

I fed your comments into my agent and:

Perhaps the answer is PROFIT MARGIN.

ā€œWhy would people keep producing if prices fall?

This seems counterintuitive only when we think in nominal (dollar or fiat) terms. But let’s reframe it using first principles:

Productivity drives deflation: As technology improves and competition increases, it becomes cheaper and easier to produce things. The cost of inputs drops, and more output is created with less labor or capital.

Profit incentive doesn’t vanish—it evolves: Even if prices fall, profit margins can remain the same or improve if input costs drop faster than output prices. In other words, lower prices don’t necessarily mean lower profits. (Adding AI to the mix is really going to power this one forward)

Relative value matters: In a deflationary economy with a hard money standard, the value of money increases over time. So even if you earn less BTC for your work, its purchasing power rises. This preserves or even increases your standard of living.

Would I do the same work for less nominal pay? Not in fiat terms. But if that lower number buys me more, yes.

Deflation is like a store-wide sale. Everyone can shop, so everyone gets lower prices.

In a global free market driven by:

• Open competition

• Technological advancement

• Efficiency gains

• No artificial inflation from central banks

…producers are forced to compete on value, not on access to cheap credit. This leads to lower prices across the board as production becomes more efficient and margins are squeezed to meet global demand.

So a loaf of bread, a phone, a haircut, or a solar panel will get cheaper to produce. Those price reductions benefit all consumers, not just Bitcoiners.

Prices fall for everyone—but Bitcoin holders benefit exponentially, because their savings grow in value while prices drop.ā€

And more and more ppl will take that leap. I don’t think it’s so much about never having to work again, but more about getting a fair exchange for your work / time /contribution. We will need a lot less to live well going forward.

WDUT?

Well, that is a thoughtful answer. But I am wary of deflation. The Japanese have been experiencing deflation until recently, and they are a nation in decline, so that’s not appealing.

America had a period of deflation1870s-1890s-ish when we were on the gold standard. People who had gold, mostly in New York, prospered. Farmers and rural areas did not have gold and did not prosper. For them, prices for crops fell and they could not earn enough gold certificates (dollars) to buy the things they needed. They got poorer. They formed populist, anti-trust, anti-rich movements, such as an effort to add more dollars into circulation, ie inject liquidity, or monetary inflation, by backing the dollar with silver. There was social upheaval, heated campaigns for president by Williams Jennings Bryan, financial panics, and anti-elite revolution was in the air. Finally, in response to the upheaval, some very rich people formed the Federal Reserve system in secret on Jekyll Island, Georgia, which was the Palm Beach of its day. That began the 60-year unraveling of the gold standard toward the 100% fiat standard we have today.

So, if the harder money standard we had caused social upheaval that led to the fiat system we have, I’m skeptical about claims that deflation is so benign. It certainly wasn’t back then.

???? It makes zero sense to fight with police and get in trouble, when the Dept of Homeland Security will literally buy them a plane ticket to wherever they want to go plus give them $1,000.

https://www.reuters.com/world/us/state-department-shifts-250-million-refugee-aid-self-deportations-2025-06-04/