freddms on Nostr: Looking forward, I think #Bitcoin will drive efficiency like we have never seen - ...
Looking forward, I think #Bitcoin will drive efficiency like we have never seen - ever in humanity (near ZERO time preference meaning we plan out forever). For the very reason that ANY investment needs to outperform the deflation created by Bitcoin.
Meaning you virtually wipe out misdirected capital! All the misdirected capital into wind, pharmaceuticals, crappy product production, all goes away when we have real money.
We are in for some super good times after some siginficant pain (because the current fiat rich won't go down without a fight).
Published at
2024-10-18 19:51:23Event JSON
{
"id": "90c2d412eb08e4154e5f16fddce7444400668afb6ab571172b182a0877a87934",
"pubkey": "c0587dad09e3efae0ec93036aaa0d70658ce9053ee1359edf1763869e6a50e67",
"created_at": 1729281083,
"kind": 1,
"tags": [
[
"t",
"Bitcoin"
],
[
"e",
"87d832241fc6dcdc943fbf124c96f254e138a722ec030db9649edb6311405aca",
"",
"root"
],
[
"e",
"98fc0c32c55b2cb2c952dd4f356cce52faee97c73086ffffaccb0edf1d0e4e2f",
"",
"reply"
],
[
"p",
"c0587dad09e3efae0ec93036aaa0d70658ce9053ee1359edf1763869e6a50e67"
],
[
"p",
"234035ec77ee22dc3e6cd390c731541b9f4adc896ffb13d34237542fedc3751d"
]
],
"content": "Looking forward, I think #Bitcoin will drive efficiency like we have never seen - ever in humanity (near ZERO time preference meaning we plan out forever). For the very reason that ANY investment needs to outperform the deflation created by Bitcoin.\n\nMeaning you virtually wipe out misdirected capital! All the misdirected capital into wind, pharmaceuticals, crappy product production, all goes away when we have real money.\n\nWe are in for some super good times after some siginficant pain (because the current fiat rich won't go down without a fight).",
"sig": "d791b30871bec6efc580c7f1f791d378b451abf1b76abda3e6843e13012182a270efff813a378d1133438269cb1e725a9dab4fcca83dd0f7bc9db26112ee05c1"
}
