Hard Money: standard measure for Demand
Free Market: self-correcting mechanism for measuring Demand
Free Market Price: information for level of Demand
Price Manipulation: disinformation for level of Demand
I'm risk-averse, that's why I #Bitcoin.
I am not greedy, that's why I #Bitcoin.
I value freedom, that's why I #Bitcoin.
nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Every time you say the verb "withdraw" I hear "to withdrawal" and it drives me nuts 😂
Maybe it's just me. Just needed to vent.
I'd take Pragmatic Ethics over the three options you provided.
No economic intervention could ever be of net benefit to the system that produced it.
No benevolent market manipulator could possibly make equal or better economic decisions than the irreducibly complex sum total of all free market participants' economic decisions.
HANDS. OFF.
Clear thinking is subordinate to decisive action.
Perfect illustration of "I love Bitcoin, buy my shitcoin!"
Government spending means taking capital from the few Competent at the point of a gun (aka Taxation) and giving it to the numerous Incompetent in exchange for their support of Government.
Welcome to Democracy (aka Socialism)
Don't you miss the shitcoin airdrop nft scam "ads" from twitter when you scroll down your #nostr feed?
😁
Nostr feels like the internet used to.
Small mandatory morning work out, apart from my real workouts. Also, shrooms 🙌
Our parents ate the future. Literally.
That's what credit is.
What about editing/deleting my own posts? Is this coming to Damus anytime soon?
On a fiat standard, the expansion of money supply is inevitable: If anyone can print the money you have to work for, they will.
The expansion of money supply means the devaluation of your savings.
The purchasing power subtracted from your savings is captured by those who expand the money supply.
This is called counterfeiting money and every central and commercial bank worldwide is legally allowed to do it.
Measured in dollars/euros/etc., prices of goods always keep rising.
Measured in Bitcoin, prices of goods keep on falling.
Since Bitcoin is still a new asset with a very small market cap (less than $1T as of 2023), its price can fluctuate wildly over the short term.
Over a 4-year period however, the price of Bitcoin has seen compounding growth of hundreds of percent every time in its short history.
2009 0$
2013 $1,100
2017 $19,000
2021 $69,000
2025 ?
The fiat money experiment, which started in 1971 with the final abolition of the USD's convertibility to gold by the Nixon administration, has been slow-boiling the proverbial frog for over 50 years now, and the dollar has lost 87% of its value in that period. (A dollar today only buys 13.158% of what it could buy back then.)
The hard money experiment started by Satoshi in 2009 has been protecting and increasing purchasing power for almost 14 years now, despite the best efforts of its many enemies.
Its continued exponential growth in adoption and price is a testament to its ability to do what it was designed for: be counterfeit-resistant and unfuckwithable.
What money is and does is something they don't teach you in school and where they do, they make sure they tell you them taking your money is good for you.
I wonder why. 
On a fiat standard, the expansion of money supply is inevitable: If anyone can print the money you have to work for, they will.
The expansion of money supply means the devaluation of your savings.
The purchasing power subtracted from your savings is captured by those who expand the money supply.
This is called counterfeiting money and every central and commercial bank worldwide is legally allowed to do it.
Measured in dollars/euros/etc. prices of goods always keep rising.
Measured in Bitcoin prices of goods keep on falling.
Since Bitcoin is still a new asset with a very small market cap (less than $1T in 2023), its price can fluctuate wildly over the short term.
Over a 4-year period however, the price of Bitcoin has seen compounding growth of hundreds of percents every time in its short history.
2009 0$
2013 $1,100
2017 $19,000
2021 $69,000
2025 ?
The fiat experiment, which started in 1971 with the final abolition of the USD's convertibility to gold by the Nixon administration, has been slow-boiling the proverbial frog for over 50 years now, and the dollar has lost 87% of its value in that period. (A dollar today only buys 13.158% of what it could buy back then.)
The hard money experiment started by Satoshi in 2009 has been protecting and increasing purchasing power for almost 14 years now, despite the best efforts of its many enemies.
Its continued exponential growth in adoption and price is a testament to its proven capability to do what it was designed for: be counterfeit-resistant and unfuckwithable.
What money is and does is something they don't teach you in school and where they do, they make sure they tell you them taking your money is good for you.
I wonder why.