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Bitcoinguy
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2025-02-18 12:27:29

Bitcoinguy on Nostr: Jeff Booth instead of saying “prices should fall forever” should we say “Labor ...

Jeff Booth (nprofile…7p82) instead of saying “prices should fall forever” should we say “Labor is always removed until it is eliminated”? I now see that the “systems” you refer to are the USD and bitcoin and what they are measuring. The truth is that Labor is being eliminated whenever possible because we choose that every time. We choose what is more valuable. I think many are confused by assigning deflation to the USD system when you are really saying that eliminating labor is truth. The USD system is just a measuring system that cannot measure the truth. Bitcoin is the best system for measuring the truth. Maybe it’s just semantics, but I think people are associating deflation with systems rather than the truth.
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