This might be a hot take but I hope Bitcoin doesn’t became too popular too fast amongst big money.
More bottom up distribution is important.
I want my mother and those like her to own btc before the big guys. Not there yet but making progress.
Education is 🔑
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#Nostr is so chill I can barely even give sats away. Trying to give one if the best gifts someone can give.
✌️ nostr:note1h3reels2v02nymn9gxkppjh24y692zku46jly9kzh6e5trhtjxcsheyj77
2000 sats sent #[1] 🙏
What a time to be alive.
If you had to choose which way does your mindset skew, to abundance or scarcity?
Like for scarcity
Zap for abundance and receive double sats back.
Until I run out if sats in wos.
🤝 🤝 🤝
It’s kinda weird but occasionally I get “messages” when transitioning from the sleeping state to waking state.
This am:
Meaning are the stories we tell ourselves about the things we see.
I’m working through the book and exercises of a course in miracles, I think they are somehow related.
Have a great day!
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What can we do? What’s the counter action? Options?
I will preface this by saying we not need to wait for hyperbitcoinization to adopt a low time preference, we can do this now on our own accord as it has been done on the fringes voluntarily as far as I can see.
I think it means humanity has a choice to go back to fundamentals, logic and reality on an economic and personal level.
With hyperbitcoinization I imagine debt, loans and excess liquidity will be reduced. If you want a loan to start an endeavour you will have to convince someone to loan you their Bitcoin which is incredibly scarce commodity with fixed supply. Ideas will be vetted more throughly, zombie entities not only will not survive but will not get an opportunity to begin as we can’t print to find non economically viable businesses. In short the best ideas/business will be funded and survive. I think value for value here.
It will encourage long term thinking because we will be on a hard money standard and won’t be looking to keep up with debasement of money so we can be more selective instead of short term wins and gratification. I think over time the collective mindset will shift to long term, decade thinkers, i imagine they will be saying, I want to build for the future, I want to be healthy, I want to eat high quality food, I want to build great relationships with family, friends, etc. you can see this in the btc community already. It’s here it’s just not widely distributed.
Sure there will be drawback of hyperbitcoinization as well, always trade offs.
- one man’s perspective.
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Switch in time preference
