What prevents #bitcoin from maintaining a really high fee environment?

Would it be a natural balance? That people will transact less because of the high fee, lowering the fees until a certain balance hits?

Is it economically sustainable for big techs to keep fees high to squeeze plebs? So that they force everyone to rather trade paper bitcoin because it has lower fees?

#asknostr

I would say we have to fix this, but with #bitcoin

Nice Tee! 🤙 And good morning! ☕️ Have a great day!

https://video.nostr.build/0360059800aca079471cbe08334558c4213bbdbbc6eb791334dceedb7ea822a9.mp4#m=video%2Fmp4&dim=1080x1080&blurhash=U297ndof00Rj%25MfQayof00WB%7Eqt79FfQt7Rj&x=995c4ad5a5a53230b6785acb3a65b7b35cbff743d74f460950a788da2b5c4871

#money #economy #plebchain #coffeechain #inflation #grownostr

I think the problem is that most people don't know that inflation is the cause of a bad decision to steal the value of other people's money, and not something that would be there naturally.

I think most people think central banks try to fight a natural phenomenon.

The big disadvantage of not knowing things is, that you don't know what you miss, and its consequences until

▶️ you either learn it, or

▶️ you get the consequences.

So it might make sense to learn about many things to just know if there is anything you would miss if you ignore it.

#bitcoin #knowledge

Economy Analogy:

Imagine the economy as a room. Let's say the temperature is the inflation.

When the FED prints money, or decreases the interest rates (also effects money printing but it is slower), it is like they are heating the room.

What do you expect will happen when you heat the room? Of course, you will get higher temperature (inflation).

Then if you know you heat the room, would it be true to say that the "temperature is transitory".

#analogy #economy #money #inflation #plebchain #coffeechain

Blaming inflation for the bad things is like blaming the weather forecast for the bad weather.

Inflation has nothing to do with causing the problem, it is just a signal.

Stop blaming the effect, and look for the real cause.

#plebchain #coffeechain #grownostr #inflation #bitcoin #economy

Also they shall familiarize themselves with the phrase ponzi-scheme

Isn't it more of a sect? 😂

So ironic that the woke psychopaths of the world are happened to be the nicest people of Earth.

How is it to be a #woke #psychopath using #roguemoney ?

I think the interesting part is, that the minority wants to control the majority, and they can do that like with innocent lambs.

True!

And who does not learn from the past, will be left behind.

Also life changing...

There are certain people who do not like responsibility. Definitely!

But I guess there are people who are somehow misguided.

Also I think hearing a propaganda all they long for a long time can make you believe a lot of things.

Also these things are well-crafted from the other side as well.

As a plus, you can think, that what is the worst that can happen, and you wrongly assume something, and then you face the consequences.

Usually these things work as boiling a frog. You amp up the temperature slowly, so the frog does not notice it.

Ignorance means no responsibility.

No responsibility means some else decides.

Someone else decides means their interests will be prioritized over yours.

Therefore, if someone wants control the best response he can go for is ignorance.

Ignorant people won't change the status quo. They won't raise their voice. The more people can be kept in ignorance, the longer they can be controlled.

#plebchain #coffeechain #grownostr #ignorance #responsibility #nostr

I think people want to live in peace, spend time with friends, travel, etc.

But then how come we have wars?

#asknostr #plebchain #coffeechain

Spamvertize with ETF shares 😂

Are BTC ETF owners visiting btc communities and zapping their ETFs for awesome posts? 😂

How does pension work?

[...]

Now let me introduce you to:

A Ponzi scheme (/ˈpɒnzi/, Italian: [ˈpontsi]) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors.

#asknostr #grownostr #knowledgeispower #plebchain #coffeechain #gm