It seems that if "AI works" as some expect, it will be a perfect time for an ultra-hard money like Bitcoin to step in.
AI itself will already be a hard driver in "productivity-driven deflation", the cost of goods going down due to increased efficiency, but business can still profit due to higher volume in people buying more. A deflationary money will also stabilize prices better than an inflationary money.
When people think of deflation they think of "demand-driven deflation", the kind we had in the Great Depression when prices went down because no one is buying anything.
In the case of productivity-driven deflation with a fixed money supply, the economy is likely to see falling prices, increased purchasing power, and real economic growth. Unlike deflation caused by weak demand (e.g., during a recession), this type reflects a healthy, efficient economy.
The only "catch" is being caught with too much debt as this burden can increase over time in deflationary conditions.
What coin?
Amid major #Bitcoin acquisitions by players like :strategy: Strategy, :game::stop: GameStop, and :metaplanet: MetaPlanet, :tether: Tether recently purchased 8,888 BTC. However, the move drew some criticism over a lack of on-chain transparency. In response, Tether CEO :ardoino: Paolo Ardoino publicly revealed the transaction address.
You can now track it here: https://mempool.space/tx/f6cdfd459b4b4357700f3cabba92d278b923f330fdc88877b4413b2883e4c5a8
:reward: Share > Like > Comment = ⚡️21
:topreward: Top Comment = ⚡️500
(For 24 hrs Only)
92,646 BTC in there, nice
The American people should be completely skeptical of government officials, questioning and demanding answers at every turn to ensure politicians prioritize safeguarding citizens' liberty.
The federal government is not a charity, welfare system, or economic director.
It exists solely to protect and maximize citizens' rights to life, liberty, and property.
yeah, i was just asking how it reduces spam, but it is above my head on how to do that.
I'm not a tech person, have no idea what any of that means.
But thanks for the reply.
Whatever people voluntarily agree to without force or coercion.
people collectively agree on them. In this context rules are typically very fundamental and very few things (no stealing, no murdering, etc) that basically everyone with common sense can agree upon via voluntary consent.
Injustices typically result from rulers making rules and enforcing these rules via violence (fines/imprisonment/death) in order for the people to agree to submit to such injustices.
FYI: He left a book on how to reach the endgame
What if "God" is just what people call the computer that runs the simulation we perceive as reality?
God is the being that made the program. The computer is just running the simulation.
I'd like to comment but I'm too dumb to know what to say.
Welcome! Setup your wallet and get some Zaps! (bitcoin)
From Occupy to Bernie Sanders, then feeling politically homeless in our two-party system, many progressives have found their way to Bitcoin looking for system change, including nostr:nprofile1qqsd2s26xy7ns3sllyagc9c0jsdje49xdfw0mwcfxsrfvrmvkvtcf8cprfmhxue69uhhyetvv9ujuem9w3skccne9e3k7mf0wccszxrhwden5te0wfjkccte9ehx7umhdpjhyefwvdhk6y6e4p0
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Any true progressive bitcoiner would redistribute their bitcoin to everyone else.
To the diseases liberal mind facts are excuses.
Did he salute while yelling "seig heil"... or did he raise his arm?
nvm, think I may have it working now