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Matt DeCelles
847999a98075377f57695347a9df11d73360791c1955860bde905f860ff69b0d
Bitcoin. CEO of William Painter
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Matt DeCelles 2y ago

Switching from Nostr client to client and seeing your feed load instantly gave me the same feeling as sending my first on chain bitcoin transaction. 🤯🔥

Replying to Avatar preston

ARGENTINA INFLATION HITS 98.8% Y/Y.

What people in the G7 fail to realize is that the global sinking fiat ship is going down extremely hard for MOST citizens of the world. The demon they are dealing with is so obvious when 98% inflation eats every enterprise in sight. And the solution is just as obvious once they get their hands on it. Good luck trying to stop billions of eager people that get a taste of sound sailable money and free speech.

Thank god for Bitcoin and Nostr!
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Matt DeCelles 2y ago

I was recently in Argentina and anecdotally it was surprising how few people knew about bitcoin. They had a whole underground market for dollars everywhere. “The Blue dollar”. They definitely hated/distrusted banks there though.

Replying to Avatar Clark Moody

Migrating to a new nostr client is a magic moment 🚀
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Matt DeCelles 2y ago

Agreed that was a huge moment for me. Bouncing from one client to another and seeing my feed load. 🤯

Replying to Avatar preston

If you conducted a CAGR on global M2 over the past 40 years, that would be my best guesstimate of what “real” inflation has been for everyone in the world. Perform the same exercise for xxxx country, to see what those citizens were dealing with locally. As you drill deeper then you’ll need weighted averages to understand the impact. Also when you work with short durations of time there’s a lot of distortions in the numbers.
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Matt DeCelles 2y ago

Ya it would be CAGR of global M2 but then taking into account 2% deflationary productivity growth per year.

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Matt DeCelles 2y ago

Pretty sure we’re onto something here if China banned Damus within 24 hours. 🤫

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