Another adventure with Eric and nostr:npub1hte85nxymfyez0nlmmxf287nh9cujfuetxhk9vptwcdqg0pn8pxqxasw3d 
A truly blessed dating profile nostr:note1z8u78pxfmygqqe0y54umc3rmfcas76fn0m3ta5rh9hljwj6r2vwqlcvfrz
This decade there will be a nobel prize awarded to some economists research supporting the idea that higher inflation is good bc of something we "didn't see coming" that's highly deflationary
Chinese abandoned cities are the product of central planning and speculative credit bubbles
This is how malinvestment is created - unused homes for hundreds of millions
This wasted time, energy, and capital could've been used to increase living standards
#bitcoin fixes this 
That sounds wild man good for you
If you ask people what think about #bitcoin before you start explaining things about bitcoin to them you’re going to do a way better job explaining bitcoin to them
Totoally. I think the architecture will enable lower admin costs and more competitive fee rates that will ultimately leads towards this.
Yes I think it will come with the next cycle. As more stablecoins get issued by fintech incumbents the market will get more competitive and stablecoins will be forced to pass along the yield they’re capturing to remain competitive.
Long term I think these institutions could cross into the systemically important territory
Stablecoins are on pace to become the new money market funds - Crypto L1s will live and die by demand for these coins
Investors will buy and hold them to earn a yield from the debt backing them
That "yield" is derived from fiat debt issuance and this system will grow even more rapidly than fiat debt
It will be called the next innovation of crypto
A crisis will emerge with stablecoins losing their peg - effectively "breaking the buck"
Nothing about this system will enable freedom
EMERGENCY NOTE:
#bitcoin has a ratio issue
For some reason girls don’t like talking about bitcoin
wtf are we supposed to talk with them about
This is so cringe’
Our first adventure should dissect this cringe’
Would you rather be nostr:npub1hte85nxymfyez0nlmmxf287nh9cujfuetxhk9vptwcdqg0pn8pxqxasw3d with a lobster roll or the guy with a girlfriend? 
