Avatar
The Conscious Contrarian
fe775b05e9d8c1d6f6ba13670a45d5504d2f14df43815dc52423e4f2ec62eeae
The Conscious Contrarian challenges conventional wisdom to uncover new, more attuned principles and perspectives for navigating the future.

Pura Vida European Nostriches ☀️

#[0] Can you share what tool you’re using to generate those BTC and ⚡️ invoices on your website? Thanks in advance!

Yep, that’s a profound point I’ve been trying to articulate but you’ve found great words for. Independent of #nostr, Sam Harris is incredibly good at what you call “the ask”. He does it in a way where it is clearly authentic, because 1) unlike almost everyone else he’s forgoing advertising revenue and 2) he offers people who can not afford it a free version of his subscriptions.

Tried to zap you some Koalas but wouldn’t go through

#[0]

haha what’s Australian economics?

Interesting, when you take it to the limit and I agree about the trend. However, there always be a market for Bitcoin vs other things. And at times, when there is less of a need for a finite asset, the value of BTC vs some other things will decline.

One thing I’m pondering is how the velocity of BTC and savings rate in Bitcoin will play into this. i.e. in positive times the velocity of money (BTC) should go up and savings rate should go down because people will want to hold as many productive assets as possible. In those times I’d think the value of BTC will decline relative to “investments”.

But yes, you’re right the long term trend should be up.

Mind-boggling.

Thanks

I think there’s a misconception here. Not everything will have to be divided by 21 million, even when we reach hyperbitcoinization. Everything will have a price in Bitcoin, but that doesn’t mean that the total value of everything will have to sum to 21M Bitcoin.