What is Nostr?
The Bitcoin Psychologist
npub1qzy…ee33
2023-08-03 03:00:25

The Bitcoin Psychologist on Nostr: Inflation is a de-civilising force; it forces producers and consumers to choose ...

Inflation is a de-civilising force; it forces producers and consumers to choose between their morals and their financial well-being. Price is the collective pragmatic truth of a free market. Inflation erodes truth by distorting price, and once price and truth are distorted, human being start acting in immoral and unethical ways.

By contrast #Bitcoin is hard coded truth, with an ever decreasing inflation rate (ultimately 0 inflation) and therefore tends to incentivise people towards moral and ethical behaviour.



Author Public Key
npub1qzylz8z78c650gk8ya4gwy5vmqz4s0svzfrnsm6f8kp6n578gpdsldee33