Avatar
robinchoice
e7885897e8adf40a8b3af306faab431df8050ecb182fa198cc4b19115d560142
Consciousness

What is life? Maybe expanding consciousness and asking the right questions

Reminder to myself: Do not waste time on things that just bring you money. Do things that are fun to you and that you love to do. Money then comes by itself.

Be like Bitcoin. Do not care what other people think of you.

“You may deride Bitcoin, no matter. Bitcoin will be there for you when you need it. You may not need it now; you may not need it ever. But as we plunge into a more despotic, authoritarian, and chaotic world, you may one day feel comfort knowing that the world’s highest assurance wealth protection system in history is waiting patiently for you.

Until then, it will keep ticking along.”

https://medium.com/@nic__carter/a-most-peaceful-revolution-8b63b64c203e

Just read an interesting sentence:

“selling their local currency [for Bitcoin] increases the velocity of money and worsens inflation”

Are Bitcoiner fueling Fiat inflation?

Interesting.

“Seigniorage /ˈseɪnjərɪdʒ/, also spelled seignorage or seigneurage (from the Old French seigneuriage, "right of the lord (seigneur) to mint money"), is the difference between the value of money and the cost to produce and distribute it.”

https://en.wikipedia.org/wiki/Seigniorage

Currently learning about electricity. This is the essence of today:

“The earth is a massive conductor of electricity, but it can also be viewed as both a source of electrons and a repository for electrons.

The earth is to electrons as an ocean is to drops of water.”

Working for a big fiat company is like being addicted to drugs. First you receive all the benefits and you get really comfortable with it but with time you become inert and dependent. Quitting means giving up collateral. But deep inside you know it would be much better for personal development because you are free to move and work on things you are really interested in.

The universe is the answer. What is the question?

Yes, but for people who don’t think that monetary expansion has any impact on inflation, this explanation is not enough I guess. Especially people that follow the MMT.

How to explain what consequences monetary expansion has?

„Denken ist die meistverbreitete Sucht auf dieser Erde - und jeder von uns ist davon befallen.“