Jeff Booth on Nostr: Credit will be much smaller as it is repriced in bitcoin terms and credit becomes ...
Credit will be much smaller as it is repriced in bitcoin terms and credit becomes more costly due to deflation. That change will be messy and chaotic because too few misunderstand it.
Published at
2024-09-19 05:02:42Event JSON
{
"id": "9774d24ca9bf26d6edca2e3c632d58cb703e652dcf2713a6c12e89d6be1cae5a",
"pubkey": "83e818dfbeccea56b0f551576b3fd39a7a50e1d8159343500368fa085ccd964b",
"created_at": 1726722162,
"kind": 1,
"tags": [
[
"e",
"5eb831ad00da2a666865a6106c9bd8ac8016484db63a6a361adfac8c17d5eda8",
"",
"root"
],
[
"e",
"170e5a761958e4ef84351ebfdbdb31ebbbf1e692142a89be70f201ac88277923",
"",
"reply"
],
[
"p",
"04c915daefee38317fa734444acee390a8269fe5810b2241e5e6dd343dfbecc9"
],
[
"p",
"e83ca459a23b5b09ad10618da70fef11b03a5ad2522c6e45c6aa5d6b5ad3f458"
]
],
"content": "Credit will be much smaller as it is repriced in bitcoin terms and credit becomes more costly due to deflation. That change will be messy and chaotic because too few misunderstand it.",
"sig": "a4cda02e3efde357957a698f1eec2e7f2a6ba64c12d081f031e09471fdba0b359471c61b83fd7d50b943ed0dda241bfcb6f6f2d8e814e06eedbf179f457018ed"
}