What is Nostr?
CitizenHorizon
npub1v2n…etnt
2025-02-14 15:05:33
in reply to nevent1q…g8e8

CitizenHorizon on Nostr: You're increasing their wealth too. In a world without gold, gold is the most useful ...

You're increasing their wealth too. In a world without gold, gold is the most useful thing. Because now you can actually price things much more effectively, allowing for economies of scale.

For example, housing will get much cheaper for everyone in a Bitcoinized world. Because people realize that storing value in Bitcoin is better than buying a house as an investment, lowering the house prices to their utility cost.

And thus making houses cheaper for everyone, regardless if they have Bitcoin or not.

And then it's this with everything.
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npub1v2n2g830p7pzgkrzzk7wyxudfvw87svxyt3dgahrj7xa4vf2edpsscetnt